Western Digital beat earnings, revenue, and guidance estimates on strong AI-driven cloud demand and expanding margins, yet shares fell 12% as lofty expectations weighed on the stock.
Sandisk shares fell over 8% despite beating earnings estimates, as slightly soft revenue guidance overshadowed 60%-plus revenue growth and expanding margins from AI-driven data center demand.
Western Digital (NASDAQ:WDC) reported fiscal fourth-quarter revenue and earnings above the high end of its guidance, citing strong demand for high-capacity hard disk drives, favorable pricing and growth in cloud storage needs tied to artificial intelligence workloads.
For fiscal 2026, the hard driv
Leading data storage manufacturer Western Digital (NASDAQ: WDC) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 43.8% ye...
Leading data storage manufacturer Western Digital (NASDAQ: WDC) will be reporting results this Wednesday after market close. Here’s what to expect. Western D...
Western Digital (NASDAQ:WDC) has outperformed the market over the past 10 years by 18.2% on an annualized basis producing an average annual return of 31.46%. Currently, Western Digital has a market capitalization of
Seagate Technology's shares surged after a strong earnings report. Can you expect competitor Western Digital to do the same when it reports earnings on Aug. 5?
