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WDC Post-ER Charts
Western Digital earnings fall by more than 40%
Western Digital Corp. (WDC) on Thursday reported a fiscal fourth-quarter profit of $158 million, or 67 cents a share, on revenue of $2.4 billion, compared with earnings of $265 million, or $1.13 a share, on $2.38 billion in sales in the year-ago quarter. Excluding $35 million in expenses related to Western Digital's acquisition of Hitachi Global Storage Technologies, Western Digital would have earned $193 million, or 81 cents a share. Analysts surveyed by FactSet Research had forecast Western Digital to earn 68 cents a share on $2.3 billion in revenue.
As of 7-22-2011
Western Digital earnings fall by more than 40%
Western Digital Corp. (WDC) on Thursday reported a fiscal fourth-quarter profit of $158 million, or 67 cents a share, on revenue of $2.4 billion, compared with earnings of $265 million, or $1.13 a share, on $2.38 billion in sales in the year-ago quarter. Excluding $35 million in expenses related to Western Digital's acquisition of Hitachi Global Storage Technologies, Western Digital would have earned $193 million, or 81 cents a share. Analysts surveyed by FactSet Research had forecast Western Digital to earn 68 cents a share on $2.3 billion in revenue.
As of 7-22-2011
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