Western Digital Q2 FY2024 GAAP loss per share $(0.87); revenue $3.03B, up 10% QoQ

WESTERN DIGITAL CORP

2024-Q2 EPS reported -$3.09 revenue$5,782,000,000

Revenue $3,032M, up 10% QoQ; down 2% YoY; Cloud revenue up 23% QoQ, Client down 2%, Consumer up 15%.
GAAP net loss $268M ($(0.87)/share); Non-GAAP net loss $210M ($(0.69)/share).
Guidance for Q3 FY2024: revenue $3.20-$3.40B, Non-GAAP EPS $(0.10) to $0.20.
Operating cash outflow $92M; cash and equivalents $2.48B.
Results include $156M of underutilization-related charges in Flash and HDD.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WESTERN DIGITAL CORP reported fiscal second quarter ended December 29, 2023 results: revenue $3.03 billion, net income $(268), EPS $(0.87).

Period: fiscal second quarter ended December 29, 2023
Revenue: $3.03 billion
Net income: $(268)
EPS: $(0.87)
Result: reported results

Exact text from the filing

Second quarter revenue was $3.03 billion, up 10% sequentially

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Source: SEC EDGAR

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