1 month ago
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Western Digital Earnings, Revenue miss in Q2

Investing.com - Western Digital (NASDAQ:WDC) reported second quarter earnings that missed analysts' expectations on

Investing.com - Western Digital (NASDAQ:WDC) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.45 on revenue of $4.23B. Analysts polled by Investing.com forecast EPS of $1.5 on revenue of $4.26B. That compared to EPS of $3.95 on revenue of $5.34B in the same period a year earlier. The company had reported EPS of $3.04 on revenue of $5.03B in the previous quarter.

Western Digital shares lost 3.54% to trade at $38.72 in after-hours trade following the report.

Western Digital follows other major Technology sector earnings this month


On Thursday, Intel reported fourth quarter EPS of $1.28 on revenue of $18.66B, compared to forecasts of EPS of $1.22 on revenue of $19.02B.

Taiwan Semiconductor earnings beat analyst's expectations on January 17, with fourth quarter EPS of $0.63 on revenue of $9.4B. Investing.com analysts expected EPS of $0.62 on revenue of $9.36B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar