Western Digital Corp. (WDC) PT Raised to $120 at Stifel; Reiterates Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Western Digital Announces Financial Results for Third Fiscal Quarter 2017
April 27, 2017 4:10 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.6 billion, operating income of $525 million and net income of $248 million, or $0.83 per share, for its third fiscal quarter ended March 31, 2017. The GAAP net income for the period includes charges associated with the companys recent acquisitions. Excluding these charges and after other non-GAAP adjustments, third quarter non-GAAP operating income was $1.0 billion and non-GAAP net income was $716 million, or $2.39 per share.
In the year-ago quarter, the company reported revenue of $2.8 billion, operating income of $88 million and net income of $74 million,... More
Western Digital Ships Fourth-Generation Helium Hard Drive Platform with Ultrastar He12 12TB Advanced Storage Hard Drives
April 26, 2017 7:57 AM EDTEnterprise-Class HDDs Using HelioSeal® Technology Deliver Breakthrough Performance and Capacity for Intense Data and Extreme Demands for Enterprise, Cloud and Hyperscale Workloads
SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today announced that it has begun shipping its fourth-generation helium-based hard drive with its 12TB HGST-branded Ultrastar® He12 hard drive. The Ultrastar He12 12TB hard drive is the next generation of the companys award-winning high capacity enterprise-class drive with HelioSeal technology, providing customers with a data storage solution addressing the expansive information management needs and demanding... More
