Sunday, July 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Lyft Forms Autonomous Vehicle Unit
More Than Half German Companies Hit by Sabotage, Spying, BSI says
Intel, Microsoft and Amazon Side with Apple in Qualcomm's iPhone Ban Dispute
Samsung Galaxy Note 8 to debut on Aug. 23
Apple Turns to LG Chem for iPhone 9 Batteries
Microsoft Reports Strong Profit on Cloud Demand
Intel Introduces Movidius Neural Compute Stick
TSMC InFO packaging Enters Second Generation
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Western...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 24, 2013
Western Digital Announces Q1 Revenue


Western Digital on Thursday announced its first quarter earnings.

The company reported revenue of $3.8 billion and net income of $495 million, or $2.05 per share for its first fiscal quarter ended Sept. 27, 2013. In the year-ago quarter, the company reported revenue of $4.0 billion, net income of $519 million, or $2.06 per share.

WD said it generated $680 million in cash from operations during the September quarter, ending with total cash and cash equivalents of $4.9 billion. During the quarter, the company utilized $150 million to buy back 2.3 million shares of common stock. On Sept. 19, the company declared a $0.25 per common share dividend, which was paid on Oct. 15.

"We continued to perform well in the September quarter as we remained focused on delivering value to our customers through differentiated and innovative storage solutions in all of our served markets," said Steve Milligan, president and chief executive officer. "Our HGST and WD subsidiaries continued to execute very well. Outstanding linearity drove strong operating results, with gross margins above the midpoint of our model range and earnings per share well above the high end of our guidance. Longer term, we are very excited about our ability to enable the ongoing creation, storage and management of digital content by consumers and businesses."




Previous
Next
Windows To Support Voice-controlled Apps        All News        Enterprise Sales Boost Microsoft's First-quarter Revenue
Calxeda To Release Two 64-bit ARM-based Server Chips     PC Parts News      Apple To Face Display Supply Constraints For New iPad Mini

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba in Talks with Western Digital, Foxconn Over Memory Unit Sale
Western Digital Responds to Toshiba's Actions
Western Digital Announces First 96-Layer 3D NAND Technology
Western Digital Launches New My Passport Ultra Drive
Western Digital Resubmits Bid for Toshiba Chip Unit
Toshiba Chip-Unit Final Agreement Said to be Delayed, WD Opposes Participation of SK Hynix
Western Digital's SanDisk Subsidiaries Seek Injunctive Relief Against Toshiba in the Superior Court of California
Western Digital Said to Sweeten Offer For Toshiba's Memory Unit
Toshiba Buys Back Stake in Toshiba Memory Corporation to Pressure WD
Computex: Western Digital to Deliver First Client Solid State Drives with 64-Layer 3D NAND Technology
Western Digital Raises its Offer For Toshiba's Memory Business: report
Western Digital Expands NAS-Optimized Hard Drive Offerings to 10TB With Helium-Based WD Red and WD Red Pro Hard Drives

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .