Western Digital Q1 FY2023 revenue $3.74B; non-GAAP EPS $0.20; Q2 guidance weak

WESTERN DIGITAL CORP

2023-Q1 EPS reported $0.08 revenue$3,736,000,000

Revenue $3.74B, down 17% QoQ and 26% YoY; GAAP operating income $158M, non-GAAP $307M.
GAAP EPS $0.08, non-GAAP EPS $0.20; both down >89% YoY.
Cloud revenue $1.83B (49% of total), Client $1.23B, Consumer $678M.
Fiscal Q2 guidance: revenue $2.90-3.10B; non-GAAP EPS $(0.25)-$0.05.
Cash from ops $6M; total cash $2.05B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WESTERN DIGITAL CORP reported fiscal first quarter ended September 30, 2022 results: revenue $3.74 billion, net income $27, EPS $0.08. Guidance initiated.

Period: fiscal first quarter ended September 30, 2022
Revenue: $3.74 billion
Net income: $27
EPS: $0.08
Guidance: initiated
Result: reported results

Exact text from the filing

by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal First Quarter 2023 Financial Results News Summary • First quarter revenue was $3.74 billion, above the midpoint of guidance. • First quarter GAAP earnings per share (EPS) was $0.08 and Non-GAAP EPS was $0.20, non-GAAP EPS was impacted by higher tax rate. • First quarter

View on SEC.gov

13 earnings releases filed in the last 30 days. Browse all earnings releases →

WESTERN DIGITAL CORP filing history →

Source: SEC EDGAR

accession 0000106040-22-000061

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.