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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 37.29+1.9%3:59 PM EDT

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From: Sam10/28/2021 5:26:30 PM
   of 4759
WDC getting smacked AH. Down to 51.35-51.40 at the moment after closing at 57.28. They beat earnings and revenue estimates but guidance disappointed.

Western Digital EPS beats by $0.05, beats on revenue; guides Q2 below estimates
Oct. 28, 2021 4:03 PM ET Western Digital Corporation (WDC) By: Jignesh Mehta, SA News Editor
  • Western Digital (NASDAQ: WDC): Q1 Non-GAAP EPS of $2.49 beats by $0.05; GAAP EPS of $1.93 misses by $0.10.
  • Revenue of $5.1B (+30.8% Y/Y) beats by $40M.
  • Press Release
  • Generated operating cash flow of $521M and free cash flow of $224M.
  • For FQ2, Western Digital forecasts revenue of $4.7-4.9B (consensus: $5.24B), $1.95-2.25 EPS (consensus: $2.63).
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