WDC News and Press, Western Digital Corporation From 08/16/23

2023-08-16 01:39:00 ET Summary Q2 was a resilient quarter on the earnings front (again) which saw both a beat rate and an earnings surprise rate reaching a multi-quarter high. The ‘Magnificent-7’ saw Q2 earnings of $67.1 billion (+38.5% y/y, +11.4 q/q). All thing...

2023-08-07 07:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-08-07 07:20:29 ET Toshiba ( OTCPK:TOSBF ) ( OTCPK:TOSYY ) said Monday it will launch a $14B tender offer tomorrow to take the company private , potentially ending eight years of upheaval. At least two-thirds of shareholders must tender their shares for the bid to succee...

2023-08-02 12:35:33 ET Summary We’re downgrading Seagate Technology Holdings plc to a sell, as we now see less upside potential for the stock into 1H24. We previously anticipated investors would turn positive on Seagate Technology stock as they believe the company's financi...

2023-08-01 08:39:56 ET Western Digital ( NASDAQ: WDC ) stock fell ~2% premarket on Tuesday after the data storage device maker forecast a wider-than-expected net loss per share for Q1 and revenue below analysts' estimates, as weak demand calls for it to adjust production. Q4...

2023-08-01 07:00:26 ET Image source: The Motley Fool. Western Digital (NASDAQ: WDC) Q4 2023 Earnings Call Jul 31, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Western Digital (WDC) Q4 2023 Earnings Call Transcript

2023-07-31 20:26:14 ET Western Digital Corporation (WDC) Q4 2023 Earnings Conference Call July 31, 2023 4:30 PM ET Company Participants Peter Andrew - Vice President, Financial Planning and Analyst and Investor Relations David Goeckeler - Chief Executive Officer ...

2023-07-31 16:09:38 ET Western Digital press release ( NASDAQ: WDC ): Q4 Non-GAAP EPS of -$1.98 beats by $0.04 . Revenue of $2.67B (-41.1% Y/Y) beats by $150M . Cloud revenue decreased 18% (QoQ), Client revenue increased 6% and Consumer revenue increased 3% (Qo...

News Summary Fourth quarter revenue was $2.7 billion, down 5% sequentially (QoQ). Cloud revenue decreased 18% (QoQ), Client revenue increased 6% and Consumer revenue increased 3% (QoQ). Fiscal year 2023 revenue was $12.3 billion. Fourth quarter GAAP earnings per share (EPS) was $(2.27...

2023-07-31 11:07:31 ET Semiconductor stocks moved mostly higher on Monday after strong results and guidance from ON Semiconductor ( NASDAQ: ON ), while investors awaited several key earnings reports from the industry. ON ( ON ) rose more than 3% after the company said ...