Western Digital (WDC) Misses Q2 EPS by 4c

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Go back to Western Digital (WDC) Misses Q2 EPS by 4c

Western Digital Announces Financial Results for Second Quarter Fiscal Year 2019

January 24, 2019 4:10 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.2 billion for its second fiscal quarter ended December28, 2018. Operating income was $176 million with a net loss of $487 million, or ($1.68) per share. Excluding certain non-GAAP adjustments, the company achieved non-GAAP operating income of $589 million and non-GAAP net income of $424 million, or $1.45 per share.

In the year-ago quarter, the company reported revenue of $5.3 billion, operating income of $955million and net loss of $823million, or ($2.78) per share. Non-GAAP operating income in the year-ago quarter was $1.4 billion and non-GAAP net income was $1.2 billion, or $3.95... More