Western Digital (WDC) Q4 Earnings Beat on Higher Revenues

Western Digital Corporation (WDC) reported fourth-quarter fiscal 2024 non-GAAP earnings of $1.44 per share, surpassing the Zacks Consensus Estimate by 14.3%. The company reported a loss of$ 1.99 per share in the prior-year quarter.For fiscal 2024, WDC reported a net loss of 20 cents per share, down 94% year over year.The company's diverse and innovative portfolio aligns well with its strategic roadmap, and the structural change implementations have strengthened operational efficiency, highlighted WDC.Revenu ...