Western Digital (WDC) Tops Q1 EPS by 38c, Revenue Beats, Guidance Mixed

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Western Digital (WDC) Stock Sinks 10% Following Q1 Beat & Mixed Guidance

October 28, 2021 6:10 PM EDT

Western Digital (NASDAQ: WDC) shares were trading more than 10% lower after-hours following the companys reported Q1 results, with EPS coming in at $2.49, beating the Street estimate of $2.11. Quarterly revenue grew 29% year-over-year to $5.1 billion (vs. Streets $4.36 billion), with Cloud revenue up 72%, Client revenue up 6%, and... More