Categories AlphaGraphs, Earnings, Technology

Western Digital (WDC) Earnings: 2Q23 Key Numbers

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!

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