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Western Digital Earnings inline, Revenue Misses In Q4

Western Digital Earnings inline, Revenue Misses In Q4

Investing.com - Western Digital (NASDAQ:WDC) reported fourth quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.17 on revenue of $3.63B. Analysts polled by Investing.com expected EPS of $0.17 on revenue of $3.67B. That compared to EPS of $3.61 on revenue of $5.12B in the same period a year earlier. The company had reported EPS of $0.17 on revenue of $3.67B in the previous quarter.

Western Digital shares gained 0.20% to trade at $54.00 in after-hours trade following the report.


Western Digital follows other major Technology sector earnings this month

On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

Apple earnings beat analysts' expectations on Tuesday, with third quarter EPS of $2.18 on revenue of $53.81B. Investing.com analysts expected EPS of $2.09 on revenue of $53.3B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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