Western Digital (WDC) Tops Q3 EPS by 23c

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Go back to Western Digital (WDC) Tops Q3 EPS by 23c

Western Digital Reports Fiscal Third Quarter 2022 Financial Results

April 28, 2022 4:05 PM EDT

News Summary

Revenue was $4.38 billion, up 6% year-over-year (YoY). Cloud revenue increased by 25%, Client revenue declined by 2%, and Consumer revenue declined 8% YoY. GAAP earnings per share (EPS) was $0.08 and Non-GAAP EPS was $1.65. Generated operating cash flow of $398 million and free cash flow of $148 million. Expect fiscal fourth quarter 2022 revenue to be in the range of $4.50 billion to $4.70 billion with Non-GAAP EPS in the range of $1.60 to $1.90.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (Nasdaq:... More