Western Digital Shares Rally After Q1 Results: EPS Beat, Revenues Miss

Quick Summary:

Quarterly revenue came in at $4.09 billion, which missed the analyst consensus estimate of $4.12 billion and represents an increase over sales of $2.75 billion from the same period last year.

Here's a look at the key figures from the quarter.  

The Details: Western Digital reported quarterly earnings of $1.78 per share, which beat the analyst consensus estimate of $1.73.

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Author / Journalist: Erica Kollmann

Category: Technology

Markets: United States

Topics: WDC Why it's moving After-Hours Center Tech Movers News Artificial intelligence US9581021055 Benzinga AI Earnings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 20:47:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23229767

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