Western Digital Reports Fiscal Second Quarter 2021 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UPDATE: Western Digital (WDC) Tops Q2 EPS by 15c, Revenues Beat; Offers 3Q EPS/Revenue Guidance
January 28, 2021 4:03 PM EST(Updated - January 28, 2021 4:04 PM EST)
Western Digital (NASDAQ: WDC) reported Q2 EPS of $0.69, $0.15 better than the analyst estimate of $0.54. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.88 billion.
News Summary
Second quarter revenue was $3.9 billion, down 7% year-over-year (YoY). Client Devices revenue increased 19%, Data Center Devices and Solutions revenue declined... More