Western Digital Corp. (NASDAQ: WDC) reported revenue of $3.1 billion for the second quarter of 2023, which was down 36% year-over-year.
The company reported a net loss of $446 million, or $1.40 per share, compared to a net income of $564 million, or $1.79 per share, last year. Adjusted loss per share was $0.42.
For the third quarter of 2023, revenue is expected to be $2.60-2.80 billion while adjusted loss per share is expected to range between $1.70 to $1.40.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
