WDC News and Press, Western Digital Corporation From 02/01/23

Image source: The Motley Fool. Western Digital (NASDAQ: WDC) Q2 2023 Earnings Call Jan 31, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Western Digital (WDC) Q2 2023 Earnings Call Transcript

Western Digital Corporation (WDC) Q2 2023 Results Conference Call January 31, 2023 04:30 PM ET Company Participants Peter Andrew - Investor Relations David Goeckeler - CEO Wissam Jabre - CFO Conference Call Participants C.J. Muse - Evercore Aaron Rakers...

Western Digital ( NASDAQ: WDC ) on Tuesday announced that Apollo Global Management purchased $900 million of its convertible preferred stock, along with Elliott Investment Management. Shares -6.3% at $41.17 after hours. In connection with the Apollo funds’ purchase,...

Western Digital press release ( NASDAQ: WDC ): Q2 Non-GAAP EPS of -$0.42 misses by $0.29 . Revenue of $3.11B (-35.6% Y/Y) beats by $140M . Second quarter GAAP operating loss was $321 million and Non-GAAP operating loss was $119 million. Expect fiscal third quarter ...

News Summary Second quarter revenue was $3.11 billion, at the high end of the guidance range. Second quarter GAAP earnings per share (EPS) was $(1.40) and Non-GAAP EPS was $(0.42), which includes $100 million of underutilization related charges in HDD. Second quarter GAAP operatin...

Apollo Provides Long-Term Strategic and Capital Support to Company Alongside Existing Investor Elliott Investment Management Western Digital Corporation (“Western Digital”) (Nasdaq: WDC) today announced that funds managed by affiliates of Apollo Globa...

Western Digital ( NASDAQ: WDC ) is scheduled to announce Q2 earnings results on Tuesday, January 31st, after market close. The consensus EPS Estimate is -$0.13 (-105.7% Y/Y) and the consensus Revenue Estimate is $2.97B (-38.5% Y/Y). Over the last 2 years, WDC has beaten EPS ...

Summary Seagate Technology Holdings plc reported stronger-than-expected results for its fiscal second quarter, suggesting a recovery as inventory at customers continues to get worked down. A rebound amid the continued weakness in the storage industry will depend on capex spend by hypers...

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Shares of Micron Technology (NASDAQ: MU) were rallying today, up 5.2% as of 1:11 p.m. ET on Monday. The beaten-down maker of memory and storage chips didn't report any news of its own, but several positive industry developments today conspired to ignite a big move in the stock. These ...