Western Digital Announces CFO Transition

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Go back to Western Digital Announces CFO Transition

Western Digital (WDC) Shares Dropped 10% Despite Q2 Beat

January 27, 2022 5:28 PM EST

Western Digital (NASDAQ: WDC) shares fell more than 10% after-hours despite the companys reported better-than-expected Q2 results.

Q2 EPS came in at $2.30, beating the consensus estimate of $1.86. Revenue grew 23% year-over-year to $4.83 billion, compared to the consensus estimate of $4.24 billion. Cloud (40% of total) revenue grew 89%,... More