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Western Digital Earnings, Revenue Beat in Q1 -Breaking

by Mike Robinson

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© Reuters. Western Digital Earnings, Income Beat in Q1

Investing.com – Western Digital (NASDAQ:) reported on Thursday first quarter that beat analysts’ forecasts and income that topped expectations.

Western Digital introduced earnings per share of $2.49 on income of $5.1B. Analysts polled by Investing.com anticipated EPS of $2.45 on income of $5.06B.

Western Digital shares are up 15% from the start of the 12 months, nonetheless down 26.67% from its 52 week excessive of $78.19 set on June 4. They’re under-performing the which is up 22.42% from the beginning of the 12 months.

Western Digital shares misplaced 8.44% in after-hours commerce following the report.

Western Digital follows different main Expertise sector earnings this month

Western Digital’s report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on income of $65.12B, in comparison with forecasts EPS of $23.84 on income of $63.47B.

Fb had beat expectations on Monday with third quarter EPS of $3.22 on income of $29.01B, in comparison with forecast for EPS of $3.19 on income of $29.58B.

Keep up-to-date on the entire upcoming earnings stories by visiting Investing.com’s earnings calendar

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