Western Digital (WDC) Prelim. Q1 EPS Flat with Expectations
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Western Digital Announces Preliminary Financial Information For First Quarter Fiscal 2016
October 21, 2015 7:29 AM EDTIRVINE, Calif., Oct. 21, 2015 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today reported preliminary financial information for its first fiscal quarter ended Oct. 2, 2015: revenue of $3.4 billion, gross margin of 28.4% and net income of $283 million, or $1.21 per share. On a non-GAAP basis, gross margin was 28.9% and net income was $366 million, or $1.56 per share.
The company will release its final results for the first fiscal quarter after the close of market on Oct. 28, 2015. The investment community conference call to discuss these results will be broadcast live over the Internet that... More
