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Western Digital announced earnings per share of $1.65 on revenue of $4.38B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $4.34B.
Western Digital shares are down 19% from the beginning of the year, still down 32.72% from its 52 week high of $78.19 set on June 4, 2021. They are under-performing the S&P 500 which is down 10.04% from the start of the year.
Western Digital shares gained 1.12% in after-hours trade following the report.
Western Digital’s report follows an earnings beat by Apple on Thursday, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.43 on revenue of $94.15B.
Microsoft had beat expectations on Tuesday with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.01B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
