Revenue segments as reported by the company.

Flash

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Employee termination, asset impairment and other charges

Business separation costs

Litigation matter

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is It Worth Investing in Western Digital (WDC) Based on Wall Street's Bullish Views?

Western Digital (WDC) closed the most recent trading day at $69.42, moving -1.48% from the previous trading session.

Western Digital (WDC) Registers a Bigger Fall Than the Market: Important Facts to Note

Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Western Digital Corporation (WDC) is Attracting Investor Attention: Here is What You Should Know

Western Digital stock (NASDAQ: WDC) has seen a 2x rise in value since early January 2023 – jumping from levels of $32 then to $66 now – vs. an increase of 47% for the S&P 500 over this period.

Will AI Demand Continue To Drive Western Digital Stock Higher?

Western Digital (WDC) reachead $66.75 at the closing of the latest trading day, reflecting a +1.18% change compared to its last close.

Western Digital (WDC) Increases Despite Market Slip: Here's What You Need to Know

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CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years.

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

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Western Digital (WDC) concluded the recent trading session at $64.09, signifying a -1.43% move from its prior day's close.

Western Digital (WDC) Stock Sinks As Market Gains: Here's Why

Western Digital (WDC) concluded the recent trading session at $62.79, signifying a +0.29% move from its prior day's close.

Western Digital (WDC) Ascends But Remains Behind Market: Some Facts to Note

Western Digital Corporation (NASDAQ:WDC ) Goldman Sachs Communacopia + Technology Conference September 10, 2024 10:30 AM ET Company Participants Amitesh Bajad - IR Robert Soderbery - EVP and General Manager, Flash Business Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari Okay, we'd like to get started. Good morning, everyone.

Western Digital Corporation (WDC) Goldman Sachs Communacopia + Technology Conference (Transcript)

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The Nasdaq 100 closed lower during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.

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Western Digital Corporation (NASDAQ:WDC ) Citigroup 2024 Global TMT Conference Call September 4, 2024 7:30 AM ET Company Participants Wissam Jabre - Executive Vice President & Chief Financial Officer David Goeckeler - Chief Executive Officer Conference Call Participants Asiya Merchant - Citigroup Asiya Merchant Welcome to Citi's 2024 Global TMT Conference. My name is Asiya Merchant.

Western Digital Corporation (WDC) Citigroup 2024 Global TMT Conference (Transcript)

As a leading provider of data storage solutions, Western Digital Co. NASDAQ: WDC stands at the forefront as a key benefactor of the artificial intelligence (AI) data cycle. AI requires processing power from GPUs, low latency networking from optical controllers, and massive storage capacity and performance for processing, analyzing, generating, and storing oceans of data.

Analysts Forecast Big Upside for Western Digital—Don't Miss Out

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

Why Is Western Digital (WDC) Up 4.1% Since Last Earnings Report?

On Tuesday analysts at Citi updated their outlook on Western Digital, highlighting the positive shift in the solid-state drive (SSD) market. As per Citi's revised forecast, SSD revenue is expected to surge by 129% year-over-year, a significant increase from the prior estimate of 83%.

Western Digital stock price forecast: Is it a buy after the recent dip?

Western Digital's (WDC) expansion in Thailand with a $693 million investment is reportedly approved by the country's Board of Investment.

Western Digital's (WDC) Thailand Project Reportedly Gets Approval

Western Digital plans to spin off its Flash memory business in H2 2024, potentially merging it with Kioxia. The company's HDD segment has a stronger market position and higher profitability than its Flash segment. The spin-off could benefit Western Digital by focusing on the growing HDD market and improving profitability margins.

Western Digital: Positive Move To Spin-Off Flash Memory

Thailand has approved Western Digital's investment project worth 23.5 billion baht ($693 million) to expand its hard disk drive production base in the country, Thailand's Board of Investment (BOI) said on Monday.

Thailand approves Western Digital's $693 mln investment project

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conferences: Event: Citi's 2024 Global TMT Conference Date: Wednesday, September 04, 2024 at 4:30 a.m. PT / 7:30 a.m. ET Event: Goldman Sachs Communacopia + Technology Conference Date: Tuesday, September 10, 2024 at 7:30 a.m. PT / 10:30 a.m. ET The management presentations will be available as live webcasts, accessible through Western Digital's Inves.

Western Digital to Participate in Upcoming Investor Conferences

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Unlock your portfolio value by investing in value stocks like WDC, PDD, PFE and GOLD that display impressive earnings yield.

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Western Digital has fallen sharply after posting strong Q4 results, largely sympathizing with Intel's declines. Western Digital itself, however, is experiencing a surge in memory orders and healthy pricing, which is leading to vastly expanded profitability. The company has good visibility into FY25, given its request to customers to provide a 52-week lead time on incoming orders.

Western Digital: A Great Dip To Buy (Rating Upgrade)

Western Digital Corp (NASDAQ:WDC) stock is sliding today, down 9.5% at $60.70 at last glance, after the computer hardware name's fiscal fourth-quarter revenue miss and disappointing guidance.

Western Digital Stock Heads for Worst Day Since 2022

Western Digital's (WDC) fiscal fourth-quarter performance is powered by steady momentum in the cloud segment, along with healthy growth in both the client and consumer segments.

News for Western Digital Stock (WDC)