Western Digital Reports Higher Fiscal First-Quarter Profit and Revenue
Western Digital said profit and revenue rose, driven by continued data storage demand and improved pricing.
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08:33:18 PM UTC
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Western Digital Corporation announced its fiscal first-quarter 2027 financial results, reporting revenue of $4.38 billion, which surpassed the FactSet consensus estimate of $4.14 billion. The company also reported adjusted earnings per share of $4.64, beating the analyst estimate of $4.11. Looking ahead to the second quarter of fiscal 2027, the company provided guidance expecting a revenue midpoint of $5.10 billion and an adjusted earnings per share range of $5.60 to $6.00.
By Elias SchisgallWestern Digital reported a higher profit and revenue in the fiscal first quarter, driven by continued data storage demand and improved pricing.The company, which makes hard disk drives that are used in computers and artificial-intelligence data centers, on Thursday reported a prof…