TECH - Western Digital To Split Business Shifts Focus After Varied Segmental Performance in Q1 | Benzinga
Western Digital Corp (NASDAQ: WDC) reported a first-quarter FY23 revenue decline of 26% year-on-year to $2.75 billion, beating the consensus of $2.65 billion. The revenue grew by 3% Q/Q.
The company clocked an adjusted EPS loss of $(1.76), beating the consensus loss of $(1.90).
Cloud revenue decreased 52% Y/Y to $872 million (down by 12% Q/Q), Client revenue declined 7% Y/Y ...