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Western Digital News (NASDAQ:WDC)

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04/08/20249:30PMBWWestern Digital to Announce Third Quarter Fiscal 2024 Financial Results on April 25, 2024
Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2024 financial results after the market closes on Thursday, April 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast... More...>>
03/27/20246:54AMIHMARKETNEWSGameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News
GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the company announced an adjusted earnings per share of 22 cents, compared to the previous year’s 16 cents per share. Shares... More...>>
03/05/20248:30AMBWWestern Digital Announces Update on Company Separation
Momentum Continues Across Broad Scope of Transaction Activities Company Appoints Key Executive Leaders for Flash and HDD Companies Western Digital Corp. (NASDAQ: WDC) (“Western Digital” or “the Company”) today provided an update on its previously announced plan to separate into two independent, publicly traded... More...>>
03/04/20248:00AMBWEthisphere Names Western Digital as One of the 2024 World's Most Ethical Companies® for the Sixth Time
Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs Western Digital Corporation (NASDAQ: WDC) has received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing... More...>>
02/13/20245:00PMBWWestern Digital to Participate in Upcoming Investor Conference
Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conference: Event: Morgan Stanley Technology, Media & Telecom Conference Date: Tuesday, March 5, 2024 at 11:00 a.m. PT / 2:00 p.m. ET This management presentation will be available as a live webcast, accessible through... More...>>
02/05/202411:00PMBWKioxia and Western Digital’s Joint Venture To Receive Up To 150 Billion Yen Government Subsidy for Yokkaichi and Kitakami Plants
Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) announced today that their joint venture manufacturing facilities at Yokkaichi and Kitakami plants have been approved to receive an up to 150 billion yen subsidy, including facilities that will produce its latest generation of 3D flash memory based on the... More...>>
01/26/20248:45AMIHMARKETNEWSWall Street Highlights: Intel’s Disappointing Quarterly Forecast, PayPal’s New AI Solutions for Merchants, and More
In the pre-market on Friday, U.S. index futures experienced declines, reflecting investors’ reactions to lower-than-expected sales forecasts by giants such as Intel (NASDAQ:INTC) and Tesla (NASDAQ:TSLA), announced on Thursday. The market is also anticipating the release of the Personal Consumption Expenditures price... More...>>
01/25/20244:05PMBWWestern Digital Reports Fiscal Second Quarter 2024 Financial Results
News Summary Second quarter revenue was $3.03 billion, up 10% sequentially (QoQ). Cloud revenue increased 23% (QoQ), Client revenue decreased 2% (QoQ) and Consumer revenue increased 15% (QoQ). Second quarter GAAP earnings per share (EPS) was $(0.87) and Non-GAAP EPS was $(0.69), which includes $156 million of underutilization-related... More...>>
01/12/20244:15PMBWWestern Digital to Announce Second Quarter Fiscal 2024 Financial Results on January 25, 2024
Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2024 financial results after the market closes on Thursday, January 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a... More...>>
11/16/20238:00AMBWWestern Digital Begins Volume Shipments of 24TB CMR HDDs; Industry Adoption of SMR Strengthens as 28TB SMR HDD Ramps
Company Executes Next Phase of its HDD Technology Roadmap, Giving Hyperscale, Cloud and Enterprise Customers Unmatched Solutions to Help Reach Sustainability Goals and Lower TCO As new applications, use cases and connected devices multiply, Western Digital’s (NASDAQ: WDC) enterprise-class hard disk drives (HDDs) remain... More...>>
11/10/20235:00PMBWWestern Digital to Participate in Upcoming Investor Conferences
Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conferences: Event: Wells Fargo 7th Annual TMT Summit Date: Tuesday, November 28, 2023 at 1:30 p.m. PT / 4:30 p.m. ET Event: UBS Global Technology Conference Date: Wednesday, November 29, 2023 at 10:35 a.m. PT... More...>>
11/01/20232:35AMBW Western Digital Announces Upsize And Pricing Of $1.4 Billion Convertible Notes Offering
Western Digital Corporation (Nasdaq: WDC) (“Western Digital”) today announced that it has priced its offering of $1.4 billion aggregate principal amount of convertible senior notes due 2028 (the “notes”), reflecting an increase of $100 million over the previously announced offering size. Western Digital granted... More...>>
10/31/20238:02AMIHMARKETNEWSKeep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers Pinterest Inc (NYSE:PINS) soared over +16% in pre-market trading after the company reported upbeat Q3 results. NVIDIA Corporation (NASDAQ:NVDA) fell about -0.5% in pre-market trading following a report by the Wall Street Journal, which indicated that the latest U.S. export restrictions on high-end... More...>>
10/31/20237:24AMIHMARKETNEWSTuesday’s Wall Street Highlights: Pinterest, BP, Wolfspeed, Arista, Lattice, Pfizer and more
US Index Futures are posting gains on Tuesday, the last day of the month, as Wall Street seeks to sustain the momentum observed in the previous session. At 06:55 AM, Dow Jones futures (DOWI:DJI) rose 105 points, or 0.32%. S&P 500 futures gained 0.22%, and Nasdaq-100 futures rose 0.03%. The yield on 10-year Treasury... More...>>
10/30/20234:06PMBWWestern Digital Announces Proposed $1.3 Billion Convertible Notes Offering
Western Digital Corporation (Nasdaq: WDC) (“Western Digital”) today announced a proposed offering of $1.3 billion aggregate principal amount of convertible senior notes due 2028 (the “notes”), subject to market and other conditions. The notes will be senior unsecured obligations of Western Digital and will be guaranteed... More...>>
10/30/20238:01AMBWWestern Digital Reports Fiscal First Quarter 2024 Financial Results
News Summary First quarter revenue was $2.75 billion, up 3% sequentially (QoQ). Cloud revenue decreased 12% (QoQ), Client revenue increased 11% (QoQ) and Consumer revenue increased 14% (QoQ). First quarter GAAP earnings per share (EPS) was $(2.17) and Non-GAAP EPS was $(1.76), which includes $225 million of underutilization-related... More...>>
10/30/20238:00AMBWWestern Digital to Form Two Independent Public Companies Focused on Data Storage Growth in HDD and Flash Markets
Separation Represents Value-Accretive Next Step for Both HDD and Flash Western Digital Corp. (NASDAQ: WDC) (“Western Digital” or “the Company”) today announced its Board of Directors has unanimously approved a plan to separate its HDD and Flash businesses. Creating two independent, public companies with market-specific... More...>>
10/30/20236:37AMIHMARKETNEWSMonday’s Wall Street Highlights: HSBC, Ford, Coherus BioSciences, Intuitive Machines, and more
US index futures are up on Monday as investors brace for an important week filled with crucial events, including Federal Reserve rate decisions, job data releases, and Apple’s financial results. At 06:09 AM, Dow Jones futures (DOWI:DJI) rose 171 points or 0.53%. S&P 500 futures were up 0.65%, and Nasdaq-100 futures... More...>>
10/27/20237:10AMIHMARKETNEWSFriday’s Wall Street Highlights: Enphase Energy, GM, Intel, Sanofi, Masimo, and more
US index futures are up on Friday, with Wall Street looking for a rebound after recent declines. Investors are keeping an eye on quarterly results from major oil companies such as Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX). In addition, Amazon (NASDAQ:AMZN) and Intel (NASDAQ:INTC) boosted technology stocks with their... More...>>
10/20/20237:22AMIHMARKETNEWSFriday’s Wall Street Highlights: SolarEdge, Intuitive Surgical, Knight-Swift, HPE, and more
US index futures were declining in pre-market trading on Friday following comments by Federal Reserve Chairman, Jerome Powell, regarding the potential for future interest rate hikes. Additionally, escalating tensions between Israel and Hamas have dampened investor enthusiasm. As of 06:56 AM, Dow Jones futures (DOWI:DJI... More...>>