Western Digital Corporation (NASDAQ:WDC) management will conduct a conference call for 28th October 2020 at 4:30 PM Eastern Time to discuss financial results and companys performance for 1Q21.
The conference call will also be available live on the website www.wdc.com
Earnings Expectation
Western Digital Corporation manufacturer of data storage devices, is expected to report first quarter earnings results, after market close, on Wednesday 28th October 2020. Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.54 per share from revenue of $ 3832.15 million. Looking ahead, the full year income are expected at $ 3.13 per share on the revenues of $ 15664.10 million.
The Company Outlook
Earnings for 1Q21 are anticipated in a range of $ 0.45 ~ $ 0.65 per share, while revenues are expected in a range of $ 3,700.00 million ~ $ 3,900.00 million
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Western Digital Corporation develops, manufactures, and sells data storage devices and solutions worldwide. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook PCs, security surveillance systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, IoT, industrial, and connected home applications; flash-based memory wafers; and embedded storage solutions and iNAND embedded flash products, such as multi-chip package solutions. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions, including HDDs and drive configurations for use in data storage systems and tiered storage models; system solutions that offer petabyte scalable capacity; and data storage platforms and systems.