secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN DIGITAL CORP (WDC)
CIK:        0000106040
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000106040-22-000061
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106040/000010604022000061/0000106040-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106040/000010604022000061/wdc-20221027.htm
  HTML page:      https://secwatch.observer/filing/0000106040-22-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer