{"schema_version":"secwatch.filing_event.v1","accession":"0000106040-23-000014","form_type":"8-K","ticker":"WDC","cik":"0000106040","company_name":"WESTERN DIGITAL CORP","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.812095+00:00","generated_at":"2026-06-15T12:01:07.047959+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Western Digital Q3 GAAP EPS -$1.82, Non-GAAP -$1.37; revenue $2.8B (-36% YoY)","bullets":["Revenue of $2.8B, at high end of guidance; down 10% Q/Q and 36% YoY from $4.38B.","GAAP operating loss of $472M; Non-GAAP operating loss of $304M; includes $200M underutilization charges.","GAAP EPS -$1.82, Non-GAAP EPS -$1.37; prior Q Non-GAAP -$0.42, year-ago +$1.65.","Q4 guidance: revenue $2.40–2.60B, Non-GAAP EPS -$2.20 to -$1.90; underutilization charges $220–240M.","Cloud revenue $1.2B (-32% YoY), Client $975M (-44%), Consumer $623M (-29%); all segments declined."],"urls":{"canonical":"https://secwatch.observer/filing/0000106040-23-000014","json":"https://secwatch.observer/filing/0000106040-23-000014.json","markdown":"https://secwatch.observer/filing/0000106040-23-000014.md","text":"https://secwatch.observer/filing/0000106040-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000014/0000106040-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000014/wdc-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T12:01:07.047959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b0954db7fd6cb9bbfddbe7de9767ee1ef481dbc7","claim":"WESTERN DIGITAL CORP reported fiscal third quarter ended March 31, 2023 results: revenue $2.8 billion, net income $(572) million, EPS $(1.82). Guidance lowered.","evidence_excerpt":"by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal Third Quarter 2023 Financial Results News Summary • Third quarter revenue was $2.8 billion, at the high end of the guidance range. • Third quarter GAAP earnings per share (EPS) was $(1.82) and Non-GAAP EPS was $(1.37), which includes $200 million of underutilization","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000014/0000106040-23-000014-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended March 31, 2023"},{"label":"Revenue","value":"$2.8 billion"},{"label":"Net income","value":"$(572) million"},{"label":"EPS","value":"$(1.82)"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}