Categories Earnings, Technology

Western Digital (WDC): Q2 2020 Earnings Snapshot

— Western Digital Corp. (NASDAQ: WDC) reported Q2 2020 earnings of $0.62 per share, vs. $0.58 expected.

— Revenues remained flat at $4.2 billion, vs. $4.2 billion expected.

— Q3 2020 revenue is expected to be $4.1 billion to $4.3 billion.

— Q3 2020 adjusted EPS is expected to be $0.85 to $1.05.

— WDC shares gained 5% immediately following the announcement.

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