Western Digital targets $3.8 bn in revenue during current quarter telecomlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecomlead.com Daily Mail and Mail on Sunday newspapers.
Western Digital Corporation (NASDAQ:WDC) reported third-quarter financial results after the bell on Thursday. Here's a look at the highlights. Western Digital reported earnings of 63 cents per share, which is not comparable to the consensus of 20 cents. It clocked quarterly sales of $3.46 billion, beating the $3.36 billion analyst consensus estimate. Cloud revenue of $1.55 billion represented 45% of total revenue, with its growth primarily attributed to higher nearline shipments and improved nea