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Western Digital Corporation (WDC) |
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Price: $48.3900
$0.08 
0.166%
|
| Day's High:
| $48.86
| Week Perf:
| 2.5 %
|
| Day's Low: |
$ 47.62 |
30 Day Perf: |
15.93 % |
| Volume (M): |
11,465 |
52 Wk High: |
$ 48.86 |
| Volume (M$): |
$ 554,791 |
52 Wk Avg: |
$39.63 |
| Open: |
$47.85 |
52 Wk Low: |
$29.73 |
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| Market Capitalization (Millions $) |
15,630 |
| Shares
Outstanding (Millions) |
323 |
| Employees |
65,000 |
| Revenues (TTM) (Millions $) |
11,332 |
| Net Income (TTM) (Millions $) |
-2,418 |
| Cash Flow (TTM) (Millions $) |
-17 |
| Capital Exp. (TTM) (Millions $) |
625 |
Western Digital Corporation
We design, develop, manufacture and sell hard drives. A hard drive is a device
that uses one or more rotating magnetic disks (“magnetic media”) to
store and allow fast access to data. Hard drives are key components of computers,
including desktop and notebook computers (“PCs”), data storage subsystems
and many consumer electronic (“CE”) devices.
Company Address: 5601 Great Oaks Parkway San Jose, 95119 CA
Company Phone Number: 717-6000 Stock Exchange / Ticker: NASDAQ WDC
| WDC is expected to report next financial results on February 01, 2024. |
Next quarterly dividend pay out on December 26, 2023. |
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Customers Net Income grew by |
WDC's Customers Net Profit Margin grew to |
38.33 % |
19.52 %
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| Stock Performances by Major Competitors |
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Netapp Inc
NetApp Reports Strong Q2 2024 Results Amid Evolving Storage Industry
NetApp, the intelligent data infrastructure company, announced its financial results for the second quarter of fiscal year 2024, which ended on October 27, 2023. The company delivered impressive performance with revenue above the midpoint of its guidance and achieving all-time highs for gross margins, operating margins, and EPS. This reaffirms NetApp's position at the forefront of the evolving storage industry.
NetApp's CEO, George Kurian, expressed his satisfaction with the company's strong quarter. Despite challenging conditions, NetApp managed to generate revenue of $1.56 billion, which represents a 9.078% increase from the previous reporting season. However, this figure marked a decrease of -6.073% compared to the same period last year.
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Socket Mobile Inc
Despite a challenging third quarter earnings season, Socket Mobile Inc has shown signs of resilience and potential for future growth. The company reported a slight increase in its shortfall per share compared to the previous year, with a decline in revenue. However, it is important to consider the context and the factors contributing to these results.
Firstly, Socket Mobile Inc's net shortfall for the third quarter of 2023 increased to $-1.325 million from $-0.874 million a year ago. This could be attributed to various factors, including increased expenses or lower sales volumes. However, it is worth noting that the company's stockpiles have grown to $5.5 million, even though they remain below the previous year's level of $6.1 million. This indicates the company's ability to adapt and adjust its inventory levels to meet changing market demands.
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One Stop Systems Inc
One Stop Systems Inc, a company specializing in high-performance computing solutions, recently reported weak demand, leading to a rise in losses for the most recent fiscal period. The company's net loss per share increased to $-0.18 from $0.01 in the previous period, while revenue dropped by 27.448% to $13.65 million from $18.82 million a year prior.
In contrast to the second quarter, where revenue fell by 18.732% from $16.80 million, the net shortfall increased to $-0.12 per share. For the period between July and September 30, 2023, One Stop Systems Inc logged a net shortfall of $-3.639 million, compared to 0 in the same quarter the previous year.
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Western Digital Corporation
Interpreting Western Digital Corporation's recent financial results, it is clear that the company has faced some challenges. The financial time-frame closing on September 29, 2023, revealed weak orders, leading to a growth in losses for the company. WDC's net deficit per share increased significantly from $0.08 to $-2.17. Additionally, the company experienced a decline in revenue by -26.392%, dropping to $2.75 billion from $3.74 billion compared to the previous year.
However, despite these setbacks, there were some positive signs for Western Digital in the fourth quarter. The company saw a surge in revenue by 2.919% from $2.67 billion, and its earnings per share (EPS) improved from $-2.29 per share. While these improvements are encouraging, it remains to be seen if they will be sustainable in the future.
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Apple Inc
/>Apple Inc., the renowned technology company, recently released its financial results for the quarter ending September 30, 2023. While the revenue for this period decreased, the company managed to raise its earnings per share (EPS). Additionally, Apple emphasized its improving profit margins and highlighted the increasing demand indicated by the rise in accounts receivable. This article will delve into the details of Apple Inc.'s financial results and put them into context.
Financial Results Analysis:
1. Revenue and Net Income:
- In Q3 2023, Apple's revenue decreased by -0.719% to $89.50 billion, compared to $81.80 billion in the same period last year.
- However, net income increased by 10.79% to $22,956.000 million from $20,721.000 million in the previous year.
- This suggests that Apple was able to manage its expenses and improve profitability despite a slightly reduced revenue.
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| Per Share |
Current |
| Earnings (TTM) |
-7.68 $ |
| Revenues (TTM) |
35.08 $
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| Cash Flow (TTM) |
- |
| Cash |
6.29 $
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| Book Value |
31.31 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-7.68 $
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| Revenues (TTM) |
35.08 $ |
| Cash Flow (TTM) |
- |
| Cash |
6.29 $
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| Book Value |
31.31 $ |
| Dividend (TTM) |
0 $ |
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2.09% 
