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Western Digital Corporation  (WDC)
    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


Computer_1_By_Lionel_Allorge_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsIn the fourth quarter of 2022 net profit per share plummeted by -52.22 % to $0.95 per share due to Revenue decrease of -7.967 % to $4.53 billions, year on year.

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.



Western Digital's Price to Book ratio

Western Digital's Executive Officers



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