Investing.com – Western Digital (NASDAQ: ) On Thursday, the third quarter ended with revenue surpassing expectations. Analysts’ estimates were beaten by this report.

Western Digital posted earnings per share (EPS) of $1.65 on revenues of $4.38B. Investing.com polled analysts and predicted an EPS of 1.49 for revenue of $4.34B.

Western Digital shares have fallen 19% since the start of the year. However, they are still 32.72% below their 52-week high of $78.19 on June 4, 2021. They are under-performing the S&P 500 which is down 10.04% from the start of the year.

Following the publication, shares of Western Digital gained 1.12% during after-hours traders.

Western Digital reports on other notable earnings in the Information Technology sector this month

The report by Western Digital follows the Apple earnings beat on Thursday. Apple reported an EPS figure of $1.52 for revenue $97.28B. This compares to the forecasts of an EPS rate of $1.43 for revenue $94.15B.

Microsoft beat all expectations Tuesday, posting a third-quarter EPS of 2.22 on $49.36B in revenue. This compares to the forecast of EPS at $2.19 for $49.01B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar