earnings
confidence high
sentiment positive
materiality 0.80
Western Digital Q4 revenue $3.76B, up 41% YoY; guides Q1 rev $4.0-4.2B, Non-GAAP EPS $1.55-1.85
WESTERN DIGITAL CORP
2024-FY EPS reported
-$2.61
revenue$13,003,000,000
- Q4 revenue $3.76B (+41% YoY); GAAP EPS $0.88 (vs -$2.26 YoY); Non-GAAP EPS $1.44 (vs -$1.99 YoY).
- Cloud revenue $1.88B (+21% QoQ) on higher nearline HDD and enterprise SSD shipments and pricing.
- FY2024 revenue $13.0B (+6% YoY); GAAP loss per share $(1.72) improved from $(5.37); Non-GAAP loss $(0.20).
- Q1 FY2025 guidance: revenue $4.0-4.2B; Non-GAAP EPS $1.55-1.85; Non-GAAP gross margin 37-39%.
- Discloses $262M jury verdict against subsidiary in patent case; plans appeal; accounting assessment pending.