US9581021055 - Common Stock
/PRNewswire/ -- The Semiconductor Industry Association (SIA) today announced Western Digital (NASDAQ: WDC) CEO David Goeckeler has been elected Chair of the...
Stay updated with the movement of S&P500 stocks in today's session. Discover which S&P500 stocks are making waves on Thursday.
Let's delve into the developments on the US markets in the middle of the day on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Let's take a look at the S&P500 stocks that are experiencing notable price gaps in today's session on Wednesday. Discover the gap up and gap down stocks in the S&P500 index.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Tuesday as we examine the latest happenings in today's session.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Let's have a look at what is happening on the US markets on Tuesday. Below you can find the S&P500 gap up and gap down stocks in today's session.
Indications Suggest NASDAQ:WDC Could Be on the Verge of a Breakout.
Is WESTERN DIGITAL CORP (NASDAQ:WDC) a Fit for High Growth Investing Strategies?
Shares of leading data storage manufacturer Western Digital (NASDAQ: WDC) jumped 13.1% in the pre-market session after the company reported strong third-quarter earnings with significant gross margin improvement, which helped to beat on adjusted operating profit and adjusted EPS. Notably, the cloud segment (54% of overall revenue) contributed the most to the top-line outperformance, accelerating 17% sequentially and 153% year on year. This was powered by what management considered "higher nearline shipments in HDD and enterprise SSD bit shipments to data center customers" and more than offsetting softness in the client and consumer segments. While guidance for next quarter's revenue and adjusted EPS slightly missed Wall Street's estimates, the market seemed to overlook this.
WDC earnings call for the period ending September 30, 2024.
Western Digital stock jumped late Thursday, after the data storage company reported earnings ahead of expectations for its September quarter.
Leading data storage manufacturer Western Digital (NASDAQ: WDC) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 48.9% year on year to $4.10 billion. The company expects next quarter’s revenue to be around $4.3 billion, slightly below analysts’ estimates. Its non-GAAP profit of $1.78 per share was 4% above analysts’ consensus estimates.
Leading data storage manufacturer Western Digital (NASDAQ: WDC) will be reporting results tomorrow after the bell. Here’s what investors should know.