Western Digital Corp. (NASDAQ: WDC) reported net revenue of $5 billion for the first quarter of 2022, up 29% year-over-year.
Net income was $610 million, or $1.93 per share, compared to a loss of $60 million, or $0.20 per share, last year. Adjusted EPS amounted to $2.49.
For the second quarter of 2022, revenue is expected to range between $4.70-4.90 billion. Adjusted EPS is estimated to range between $1.95-2.25.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Home improvement is one of the top activities that kept Americans busy during the pandemic, a trend that enabled The Home Depot, Inc. (NYSE: HD) to beat the crisis and
Department store chain Target Corporation (NYSE: TGT) reported a sharp decline in adjusted earnings for the second quarter of 2022, despite an increase in net sales. The bottom line also fell
Amazon.com, Inc. (NASDAQ: AMZN) became an inspiration for other players in the eCommerce sector as the online retailer successfully channelized its resources to tap into the spike in demand for