
Western Digital Corporation reported its fiscal first quarter 2025 financial results, revealing a revenue of $4.1 billion, a 49% increase year-over-year, though slightly below analyst expectations of $4.11 billion. The company achieved an adjusted earnings per share (EPS) of $1.78, surpassing estimates of $1.71. The non-GAAP gross margin stood at 38.5%, while the operating margin reached 21.6%, marking the highest level in five years. Looking ahead, Western Digital provided a revenue outlook for the second quarter of between $4.2 billion and $4.4 billion, with an adjusted EPS forecast of $1.75 to $2.05. The earnings report highlighted strong demand from cloud computing customers as a significant driver of growth, particularly in the storage market fueled by the AI data cycle.
$WDC seems like another positioning driven move squeeze-results in-line but concern was lower I presume on their flash biz- FCF was slightly neg though exps were apparently significantly higher like 600M (hmm)- spin coming but known for many Qs- Cloud prob in over ship mode
$WDC (+14.4% pre) Western Digital Stock Jumps On Better-Than-Expected Earnings, Strong Cloud Demand - inv https://t.co/tfKIzyG1rb
$WDC | Western Digital Q1'25 Earnings Highlights ๐น Revenue: $4.1B (Est. $4.11B) ๐; UP +49% YoY ๐น Adjusted EPS: $1.78 (Est. $1.71) ๐ข ๐น Gross Margin (Non-GAAP): 38.5%


