Western Digital Q1 Revenue Rises 55%, Raises Dividend 17%
Western Digital reported Q1 FY27 revenue up 55% year over year, with non-GAAP gross margin of 58.1% and operating margin of 49.1%. It raised its quarterly dividend 17% to $0.175 and guided Q2 FY27 revenue to $5.1 billion, non-GAAP gross margin to 60.5%, and non-GAAP EPS to $5.80 at the midpoint.