{"schema_version":"secwatch.filing_event.v1","accession":"0000106040-23-000032","form_type":"8-K","ticker":"WDC","cik":"0000106040","company_name":"WESTERN DIGITAL CORP","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.076425+00:00","generated_at":"2026-06-09T05:33:09.935679+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 Q1 FY2024 revenue $2.75B, GAAP EPS $(2.17), guides Q2 rev $2.85-3.05B","bullets":["Q1 revenue $2.75B, up 3% QoQ but down 26% YoY; cloud revenue fell 12% QoQ, client up 11%, consumer up 14%.","GAAP net loss $685M ($2.17 loss per share); Non-GAAP net loss $554M ($1.76 loss per share).","Includes $225M in underutilization charges in Flash and HDD; operating cash outflow $626M.","Q2 FY2024 guidance: revenue $2.85-3.05B; Non-GAAP EPS loss $(1.35) to $(1.05) including $110-130M underutilization charges.","Cash and equivalents $2.03B at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0000106040-23-000032","json":"https://secwatch.observer/filing/0000106040-23-000032.json","markdown":"https://secwatch.observer/filing/0000106040-23-000032.md","text":"https://secwatch.observer/filing/0000106040-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000032/0000106040-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000032/wdc-20231030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:33:09.935679+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":"0068229b1d89dc6c0545949384d0f5ff7cddd139","claim":"WESTERN DIGITAL CORP reported fiscal second quarter of 2024 results: revenue $2.85 - $3.05 billion, EPS $(1.35) - $(1.05). Guidance reaffirmed.","evidence_excerpt":"Expect fiscal second quarter 2024 revenue to be in the range of $2.85 billion to $3.05 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000032/0000106040-23-000032-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal second quarter of 2024"},{"label":"Revenue","value":"$2.85 - $3.05 billion"},{"label":"EPS","value":"$(1.35) - $(1.05)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"35fda9e7b6a699ab808f3c7f1ccb78a9011c2cd2","claim":"WESTERN DIGITAL CORP reported fiscal first quarter ended September 29, 2023 results: revenue $2.75 billion, net income $(685) million, EPS $(2.17).","evidence_excerpt":"by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal First Quarter 2024 Financial Results News Summary • First quarter revenue was $2.75 billion, up 3% sequentially (QoQ). Cloud revenue decreased 12% (QoQ), Client revenue increased 11% (QoQ) and Consumer revenue increased 14% (QoQ). • First quarter GAAP earnings per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106040/000010604023000032/0000106040-23-000032-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended September 29, 2023"},{"label":"Revenue","value":"$2.75 billion"},{"label":"Net income","value":"$(685) million"},{"label":"EPS","value":"$(2.17)"},{"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"}