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Western Digital: Fiscal Q4 Earnings Snapshot
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SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Western Digital Corp. (WDC) on Wednesday reported fiscal fourth-quarter profit of $3.2 billion.

The San Jose, California-based company said it had net income of $8.21 per share. Earnings, adjusted for one-time gains and costs, were $3.56 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.35 per share.

The maker of hard drives for businesses and personal computers posted revenue of $3.75 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $3.7 billion.

For the current quarter ending in September, Western Digital expects its per-share earnings to range from $3.85 to $4.15.

The company said it expects revenue in the range of $4 billion to $4.2 billion for the fiscal first quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WDC at https://www.zacks.com/ap/WDC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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