Western Digital Corp

WDC

Equity

ISIN US9581021055 / Valor 985376

NASDAQ (2024-09-16)

USD 64.09-1.43%

Western Digital Corp
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About company

Western Digital Corp is a leading provider of data storage solutions, specializing in the development and innovation of systems, software, and next-generation techniques for efficiently storing, securing, and utilizing data on storage devices and data centers. The company focuses on extracting value from data, offering a wide range of products and services to meet the evolving needs of businesses and consumers in the digital age.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Western Digital Corp's fiscal fourth quarter of 2024 saw a revenue of $3.76 billion, marking a 9% sequential increase. For the entire fiscal year 2024, the company reported a total revenue of $13.00 billion, reflecting a 6% year-over-year growth.

Earnings Per Share

In the fiscal fourth quarter of 2024, Western Digital Corp reported a GAAP earnings per share (EPS) of $0.88 and a Non-GAAP EPS of $1.44. For the full fiscal year 2024, the GAAP EPS was $(1.72), while the Non-GAAP EPS was $(0.20).

Operating Income

Western Digital Corp's operating income for the fiscal fourth quarter of 2024 was $507 million on a GAAP basis, up 86% from the previous quarter. On a Non-GAAP basis, the operating income was $666 million, showing a 75% sequential increase.

Cash Flow and Liquidity

Western Digital Corp ended the fiscal fourth quarter of 2024 with an operating cash inflow of $366 million. The company had $1.88 billion in total cash and cash equivalents at the end of the quarter.

Business Outlook

For the fiscal first quarter of 2025, Western Digital Corp expects revenue to be in the range of $4.00 billion to $4.20 billion. The company also anticipates Non-GAAP EPS to be between $1.55 and $1.85.

Summarized from source with an LLMView Source

Key figures

47.0%1Y

9.97%3Y

1.75%5Y

Performance

38.9%1Y

42.1%3Y

49.5%5Y

Volatility