Source-grounded facts extracted from WESTERN DIGITAL CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
WESTERN DIGITAL CORP reported fiscal third quarter of 2023 results: revenue $2.60 billion to $2.80 billion, EPS $(1.70) to $(1.40). Guidance initiated.
“• Expect fiscal third quarter 2023 revenue to be in the range of $2.60 billion to $2.80 billion. • Expect Non-GAAP EPS in the range of $(1.70) to $(1.40)”
WESTERN DIGITAL CORP reported fiscal second quarter ended December 30, 2022 results: revenue $3.11 billion, net income $(446), EPS $(1.40).
“by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal Second Quarter 2023 Financial Results News Summary • Second quarter revenue was $3.11 billion, at the high end of the guidance range. • Second quarter GAAP earnings per share (EPS) was $(1.40) and Non-GAAP EPS was $(0.42), which includes $100 million of underutilization”
WESTERN DIGITAL CORP incurred term loan of $875.0 million with J.P. Morgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus an applicable margin varying from 1.750% to 2.625% maturing the earlier of (i) 364 days following the draw date and (ii) 91 days prior to maturity of the 2024 Convertible Notes.
“On January 25, 2023, Western Digital Corporation, a Delaware corporation (the “Company”), entered into a loan agreement (the “Loan Agreement”) among the Company, each lender party thereto, J.P. Morgan Chase Bank, N.A., as administrative agent, and the other parties thereto. The Loan Agreement provides for, among other things, a new 364-day delayed draw term loan facility (“Delayed Draw Term Loan Facility” and the loans thereunder, the “Delayed Draw Term Loans”) in an aggregate principal amount of up to $875.0 million.”
WESTERN DIGITAL CORP entered into Loan Agreement with J.P. Morgan Chase Bank, N.A., as administrative agent, and the lenders party thereto valued at up to $875.0 million (effective 2023-01-25).
“On January 25, 2023, Western Digital Corporation, a Delaware corporation (the “Company”), entered into a loan agreement (the “Loan Agreement”) among the Company, each lender party thereto, J.P. Morgan Chase Bank, N.A., as administrative agent, and the other parties thereto. The Loan Agreement provides for, among other things, a new 364-day delayed draw term loan facility (“Delayed Draw Term Loan Facility” and the loans thereunder, the “Delayed Draw Term Loans”) in an aggregate principal amount of up to $875.0 million.”
WESTERN DIGITAL CORP amended Amendment No. 1 (effective 2022-12-23).
“On December 23, 2022, Western Digital Corporation (the “Company”) entered into a first amendment (the “Amendment No. 1”) to the Company’s Amended and Restated Loan Agreement, dated as of January 7, 2022 (as amended, the “Loan Agreement”), which, among other changes, (a) modifies the leverage ratio requirements of the financial covenant through the Company’s fiscal quarter ending September 27, 2024, (b) limits the incurrence of Priority Debt (as defined in the Loan Agreement) during the Covenant Relief Period (as defined in the Loan Agreement) and (c) requires certain subsidiaries of the Company to provide guarantees under the Loan Agreement during any Guarantee Period (as defined in the Loan Agreement) to the extent the conditions for providing such guarantees are met during the Covenant Relief Period.”
WESTERN DIGITAL CORP shareholders rejected Advisory Vote on Named Executive Officer Compensation.
“Proposal 2. Advisory Vote on Named Executive Officer Compensation. The stockholders did not approve, on an advisory basis, the named executive officer compensation described in the Proxy Statement. The voting results were as follows: For Against Abstain Broker Non-Votes 27,323,273 194,048,988 697,293 42,102,198”
WESTERN DIGITAL CORP shareholders approved Election of Directors.
“Proposal 1. Election of Directors . The stockholders elected the following eight directors to hold office until the next annual meeting of stockholders and until their respective successors are duly elected and qualified. The voting results were as follows: For Against Abstain Broker Non-Votes Kimberly E. Alexy 214,325,166 7,454,307 290,081 42,102,198 Thomas Caulfield 210,910,145 10,841,293 318,116 42,102,198 Martin I. Cole 178,557,410 43,181,124 331,020 42,102,198 Tunç Doluca 187,695,744 34,057,260 316,550 42,102,198 David V. Goeckeler 219,021,603 2,851,911 196,040 42,102,198 Matthew E. Massengill 205,190,712 16,621,454 257,388 42,102,198 Stephanie A. Streeter 182,010,673 39,781,102 277,779 42,102,198 Miyuki Suzuki 215,451,848 6,327,957 289,749 42,102,198”
WESTERN DIGITAL CORP reported fiscal first quarter ended September 30, 2022 results: revenue $3.74 billion, net income $27, EPS $0.08. Guidance initiated.
“by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal First Quarter 2023 Financial Results News Summary • First quarter revenue was $3.74 billion, above the midpoint of guidance. • First quarter GAAP earnings per share (EPS) was $0.08 and Non-GAAP EPS was $0.20, non-GAAP EPS was impacted by higher tax rate. • First quarter”
Robert K. Eulau departed as Executive Vice President and Chief Financial Officer at WESTERN DIGITAL CORP.
“On January 24, 2022, the Board of Directors of Western Digital Corporation (the “Company”) unanimously appointed Wissam G. Jabre as Executive Vice President and Chief Financial Officer of the Company, to succeed Robert K. Eulau in that position effective the week of February 7, 2022.”
Wissam G. Jabre was appointed as Executive Vice President and Chief Financial Officer at WESTERN DIGITAL CORP.
“On January 24, 2022, the Board of Directors of Western Digital Corporation (the “Company”) unanimously appointed Wissam G. Jabre as Executive Vice President and Chief Financial Officer of the Company, to succeed Robert K. Eulau in that position effective the week of February 7, 2022.”
Miyuki Suzuki was appointed as Director at WESTERN DIGITAL CORP.
“On July 6, 2021, the Board of Directors (the “Board”) of Western Digital Corporation (the “Company”) unanimously appointed Dr. Thomas Caulfield and Miyuki Suzuki to serve as members of the Board until the Company’s next annual meeting of stockholders and until their respective successors are duly elected and qualified.”
Dr. Thomas Caulfield was appointed as Director at WESTERN DIGITAL CORP.
“On July 6, 2021, the Board of Directors (the “Board”) of Western Digital Corporation (the “Company”) unanimously appointed Dr. Thomas Caulfield and Miyuki Suzuki to serve as members of the Board until the Company’s next annual meeting of stockholders and until their respective successors are duly elected and qualified.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.