74.1 F
Laguna Hills
Wednesday, Jun 24, 2026

WD Earnings, Shares Down

Irvine-based Western Digital Corp. said it earned $283 million on revenue of $3.4 billion in its most recent quarter.

That was down from $423 million in earnings on $3.9 billion in revenue for the same period last year.

Analysts had expected earnings of about $367 million on revenue of $3.3 billion and Western Digital shares were down 2% to a $15.3 billion market cap in after-hours trading.

The memory products maker made waves last week when it said it would buy competitor SanDisk Corp. for about $19 billion.

.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Weekly in-depth coverage in print and digital formats
  • Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
  • The annual Book of Lists: Orange County's top companies across every industry

Featured Articles

Related Articles