Sector • Technology Industry • Computer Hardware |
Industry • Computer Hardware |
Sector • Technology |
Revenues regressed, at over the fiscal time-frame ending July 01 2022
company reported second quarter of 2023 operating deficit of $-321 millions
Published Mar 25 2023
CSIMarket Team / CSIMarket.com
In the prior reporting period company realized Revenue of $4.38 billions and bottom line of $0.08 per share.
Net income of $301.000 millions in the fourth quarter of 2022 fell by -51.61 % from $622.000 millions in the corresponding period a year before. Looking further into fourth quarter of 2022 Western Digital Corporation's profitability, operating margin mitigated to 12.41%, and net margin shrank to 6.65%.
Operating earnings, fell -16.74% to $562 millions, squeezing Western Digital Corporation's operating margin to 12.41%, from 13.72% in the fourth quarter of 2021. announced bottom-line of $821.00 millions and Revenues of $16.92 billions for the fiscal year 2021.
The company recorded earnings per share of $2.66 compare to $-0.84 in the prior fiscal year, while Revenues increased by 1.11 % from $16.74 billions a year ago.
Western Digital Corporation is expected to report next financial earnings on May 03, 2023.
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WDC*s Financial Health Takes a Steep Dive in Q4 2023 with Alarming Revenue Deterioration
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Revenues regressed, at over the fiscal time-frame ending July 01 2022
The company reported it had arduous period, during the first quarter of 2023
Other WDC's news
Western Digital Progresses Towards Company Separation with Key Transactional Projects Underway
Western Digital Corporation Reports Positive Earnings Improvement in Q4 2023, But Revenue Declines
WDC*s Financial Health Takes a Steep Dive in Q4 2023 with Alarming Revenue Deterioration
Western Digital Corporation Navigates Challenging Times, Demonstrating Resilience Amidst Adversities
Revenues regressed, at over the fiscal time-frame ending July 01 2022
The company reported it had arduous period, during the first quarter of 2023