|26-07-2012, 11:20 AM||#1|
Join Date: May 19 2008
[Techpowerup.com] (PR) Western Digital Announces Record Financial Results
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $12.5 billion and net income of $1.6 billion, or $6.58 per share for fiscal year 2012, compared to fiscal 2011 revenue of $9.5 billion and net income of $726 million, or $3.09 per share. On a non-GAAP basis, fiscal 2012 net income was $2.1 billion or $8.61 per share, compared to fiscal 2011 net income of $770 million or $3.28 per share. Both the GAAP and non-GAAP fiscal 2012 results include results from the company's newly acquired HGST subsidiary from the acquisition date of March 8 through the end of fiscal 2012.
For its fourth fiscal quarter ended June 29, 2012, the company reported revenue of $4.8 billion, hard-drive shipments of 71.0 million and net income of $745 million, or $2.87 per share. On a non-GAAP basis, net income was $872 million, or $3.35 per share.2 In the year-ago quarter, the company reported revenue of $2.4 billion, net income of $158 million, or $0.67 per share, and shipped 53.8 million hard drives. Non-GAAP net income in the year-ago quarter was $193 million, or $0.81 per share.
|announces, digital, financial, record, results, techpowerupcom, western|
|Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)|
|Similar Threads for: [Techpowerup.com] (PR) Western Digital Announces Record Financial Results|
|Thread||Thread Starter||Forum||Replies||Last Post|
|[Techpowerup.com] (PR) Western Digital Previews Thunderbolt Dual-Drive Storage System at Macworld/iWorld||News||Reviews & News Online||0||27-01-2012 08:43 AM|
|[Techpowerup.com] (PR) Western Digital Debuts the My Book Live Duo Personal Cloud Storage System||News||Reviews & News Online||0||06-01-2012 04:52 AM|
|[Techpowerup.com] (PR) Western Digital Reports Arbitration Decision, will Challenge the Award||News||Reviews & News Online||0||22-11-2011 12:05 PM|
|[Techpowerup.com] (PR) Western Digital Announces WD TV Live Streaming Media Player With Spotify Capability||News||Reviews & News Online||0||07-10-2011 06:50 AM|
|[Techpowerup.com] (PR) Western Digital to Acquire Hitachi Global Storage Technologies||News||Reviews & News Online||0||08-03-2011 02:20 AM|
All times are GMT +11. The time now is 10:45 AM.