Western Digital Reports Strong Q4 Financial Results with Earnings Surpassing Estimates
Western Digital announced its Q4 financial results, reporting an operating income of USD 1,563 million, net income of USD 3,195 million, and earnings per share (EPS) of USD 8.21. The adjusted EPS was USD 3.56, exceeding the Ibes estimate of USD 3.3. The company also reported a gross margin of 54.1% and revenue of USD 3,747 million, surpassing the estimated USD 3,692 million. These results indicate robust financial performance for the quarter.