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Western Digital Corp

WDC.O

Latest Trade

51.02USD

Change

0.00(0.00%)

Volume

5,259,045

Today's Range

50.61

 - 

51.97

52 Week Range

33.83

 - 

65.31

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Western Digital Announces Financial Results For First Quarter Fiscal Year 2020

Oct 30 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER FISCAL YEAR 2020.Q1 LOSS PER SHARE $0.93.Q1 REVENUE $4.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.93 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.30 -- REFINITIV IBES DATA.Q1 NON-GAAP EARNINGS PER SHARE $0.34.SEES SECOND FISCAL QUARTER 2020 REVENUE $4.1 BILLION TO $4.3 BILLION.SEES SECOND FISCAL QUARTER 2020 EARNINGS PER SHARE $0.45 TO $0.65.Q2 EARNINGS PER SHARE VIEW $0.75, REVENUE VIEW $4.22 BILLION -- REFINITIV IBES DATA.

Western Digital Announces CEO Succession Plan

Oct 30 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ANNOUNCES CEO SUCCESSION PLAN.WESTERN DIGITAL CORP - STEVE MILLIGAN INTENDS TO RETIRE AS WESTERN DIGITAL CEO; WILL CONTINUE TO SERVE AS CEO UNTIL A SUCCESSOR IS APPOINTED.WESTERN DIGITAL CORP - BOARD COMMENCES SEARCH TO IDENTIFY COMPANY'S NEXT CEO.WESTERN DIGITAL CORP - BOARD COMMENCES SEARCH TO IDENTIFY COMPANY'S NEXT CEO.WESTERN DIGITAL CORP - STEVE MILLIGAN WILL CONTINUE TO SERVE AS CEO UNTIL A SUCCESSOR IS APPOINTED.WESTERN DIGITAL CORP - ENGAGED HEIDRICK & STRUGGLES TO ASSIST IN CEO SEARCH PROCESS.WESTERN DIGITAL CORP - BOARD WILL EVALUATE BOTH INTERNAL AND EXTERNAL CANDIDATES FOR NEXT CEO.WESTERN DIGITAL CORP - WILL EVALUATE BOTH INTERNAL AND EXTERNAL CANDIDATES FOR CEO.

Western Digital CEO Stephen Milligan's FY 2019 Compensation Was $12.9 Mln

Oct 1 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL CORP SAYS CEO STEPHEN MILLIGAN'S FY 2019 TOTAL COMPENSATION WAS $12.9 MILLION VERSUS $19.7 MILLION IN FY 2018 - SEC FILING.WESTERN DIGITAL CORP SAYS PRESIDENT AND COO MICHAEL CORDANO'S FY 2019 TOTAL COMPENSATION WAS $5.5 MILLION VERSUS $8.5 MILLION IN FY 2018.WESTERN DIGITAL CORP SAYS RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN EMPLOYEE FOR FISCAL 2019 WAS 1,279 TO 1.

Western Digital Announces Sale Of Intelliflash Business To Ddn And Intention To Exit Storage Systems

Sept 19 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ANNOUNCES SALE OF INTELLIFLASH BUSINESS TO DDN AND INTENTION TO EXIT STORAGE SYSTEMS.WESTERN DIGITAL CORP - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.WESTERN DIGITAL CORP - COMPANY WILL ALSO INCUR RESTRUCTURING AND OTHER CHARGES, WHICH ARE NOT DETERMINABLE AT THIS TIME.WESTERN DIGITAL CORP - WESTERN DIGITAL'S INTENDED EXIT OF STORAGE SYSTEMS IS EXPECTED TO GENERATE AN ANNUAL NON-GAAP EPS BENEFIT OF AT LEAST $0.20 STARTING IN FISCAL 2020 Q3.WESTERN DIGITAL - DDN WILL INCREASE ITS PURCHASE OF CO'S HDD AND SSD STORAGE DEVICES.WESTERN DIGITAL CORP - COMPANY IS EXPLORING STRATEGIC OPTIONS FOR ACTIVESCALE.WESTERN DIGITAL - CO, DDN AGREED TO EXPAND EXISTING PARTNERSHIP THROUGH MULTI-YEAR STRATEGIC SOURCING AGREEMENT.

Western Digital Accelerates Leadership In Next-Generation Data Center Architectures With Acquisition Of Kazan Networks

Sept 10 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ACCELERATES LEADERSHIP IN NEXT-GENERATION DATA CENTER ARCHITECTURES WITH ACQUISITION OF KAZAN NETWORKS.WESTERN DIGITAL CORP - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED..

Western Digital Reports Q4 Non-GAAP Earnings Per Share of $0.17

July 31 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2019.Q4 LOSS PER SHARE $0.67.Q4 REVENUE $3.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.67 BILLION.Q4 NON-GAAP EARNINGS PER SHARE $0.17.Q4 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES DATA.SEES FY REVENUE $3.8 BILLION - $4.0 BILLION.SEES FY ADJUSTED REVENUE $3.8 BILLION - $4.0 BILLION.SEES Q1 2020 ADJUSTED EARNINGS PER SHARE $0.15 - $0.35."“WE ARE SEEING SIGNS OF IMPROVING CONDITIONS IN THE FLASH MARKET AND BELIEVE THAT IT HAS REACHED A CYCLICAL TROUGH".

Western Digital Q4 Non-GAAP Earnings Per Share $0.17

July 31 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2019.Q4 LOSS PER SHARE $0.67.Q4 REVENUE $3.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.67 BILLION.Q4 NON-GAAP EARNINGS PER SHARE $0.17.Q4 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES DATA.SEES Q1 2020 REVENUE $3.8 BILLION - $4.0 BILLION.SEES Q1 2020 ADJUSTED REVENUE $3.8 BILLION - $4.0 BILLION.SEES Q1 2020 ADJUSTED EARNINGS PER SHARE $0.15 - $0.35."“WE ARE SEEING SIGNS OF IMPROVING CONDITIONS IN THE FLASH MARKET AND BELIEVE THAT IT HAS REACHED A CYCLICAL TROUGH".

Western Digital Comments On Power Outage In Yokkaichi Region

June 27 (Reuters) - Western Digital Corp <WDC.O>::WESTERN DIGITAL COMMENTS ON POWER OUTAGE IN YOKKAICHI REGION AND IMPACT TO YOKKAICHI FAB OPERATIONS.WESTERN DIGITAL CORP - MAJORITY OF WAFER IMPACT EXPECTED TO BE CONTAINED IN FIRST FISCAL QUARTER OF 2020.WESTERN DIGITAL CORP - EXPECTS INCIDENT WILL RESULT IN A REDUCTION OF WESTERN DIGITAL'S FLASH WAFER AVAILABILITY OF APPROXIMATELY 6 EXABYTES.WESTERN DIGITAL CORP - WESTERN DIGITAL CONTINUES TO ASSESS IMPACT OF EVENT..WESTERN DIGITAL CORP - UNEXPECTED POWER OUTAGE AFFECTED PRODUCTION OPERATIONS AT FLASH FABRICATION FACILITIES OPERATED BY TOSHIBA MEMORY CORPORATION.WESTERN DIGITAL CORP - WORKING CLOSELY WITH ITS JOINT VENTURE PARTNER TO BRING FACILITIES BACK TO NORMAL OPERATIONAL STATUS AS QUICKLY AS POSSIBLE..

Nvidia Names Donald Robertson As CAO

June 17 (Reuters) - NVIDIA Corp <NVDA.O>::NVIDIA NAMES DONALD ROBERTSON AS CHIEF ACCOUNTING OFFICER.NVIDIA CORP - ROBERTSON MOST RECENTLY SERVED AS VICE PRESIDENT OF FINANCE AND CHIEF ACCOUNTING OFFICER AT WESTERN DIGITAL CORP.

Western Digital Enters Into Agreement With Toshiba Memory Setting Forth Agreement Regarding Construction, Operation Of New Wafer Fabrication Facility

May 17 (Reuters) - Toshiba Corp <6502.T>::WESTERN DIGITAL-ENTERED INTO AGREEMENT WITH TOSHIBA MEMORY SETTING FORTH AGREEMENT REGARDING CONSTRUCTION, OPERATION OF NEW WAFER FABRICATION FACILITY.WESTERN DIGITAL CORP - TOSHIBA MEMORY OWNS AND IS FUNDING CONSTRUCTION OF K1..WESTERN DIGITAL CORP - EQUIPMENT INSTALLATION FOR A SMALL INITIAL PRODUCTION LINE IN FIRST PHASE OF CLEANROOM IS SCHEDULED TO BEGIN IN JUNE 2019..WESTERN DIGITAL CORP - OUTPUT FROM INITIAL PRODUCTION LINE IS EXPECTED IN FIRST HALF OF CALENDAR YEAR 2020..WESTERN DIGITAL CORP - MEANINGFUL OUTPUT FROM K1 IS NOT EXPECTED TO BEGIN UNTIL SECOND HALF OF CALENDAR YEAR 2020..WESTERN DIGITAL CORP - WESTERN DIGITAL IS COMMITTED TO FUND 50% OF K1'S START-UP COSTS, AS WELL AS 50% OF INITIAL PRODUCTION LINE AT K1.WESTERN DIGITAL - CO'S SHARE OF INITIAL COMMITMENT IS EXPECTED TO TOTAL ABOUT $660 MILLION, TO BE INCURRED PRIMARILY THROUGH 1H OF CALENDAR YEAR 2020.WESTERN DIGITAL CORP - WESTERN DIGITAL IS ALSO REQUIRED UNDER K1 AGREEMENT TO PREPAY AN AGGREGATE OF APPROXIMATELY $360 MILLION OVER A 3-YEAR PERIOD.WESTERN DIGITAL CORP - K1 AGREEMENT PROVIDES THAT FLASH FORWARD LTD WILL BE PRIMARY VEHICLE FOR JOINT INVESTMENT AT K1..WESTERN DIGITAL CORP - PARTIES HAVE ALSO AGREED TO EXTEND TERM OF FFL TO DECEMBER 31, 2034.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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