Western Digital Earnings: Low Shipments Across Divisions Weigh On Results

Western Digital Earnings: Low Shipments Across Divisions Weigh On Results Hard drive manufacturer Western Digital reported its fiscal third quarter 2016 earnings on April 28, reporting a 21% year-over-year decline in net revenues to $2.82 billion. (Fiscal years end with June.) Both revenue and EPS were roughly in line with ... read moreWestern Digital's CEO Discusses Q3 2012 Results - Earnings Call Transcript Welcome to Western Digital's Third Quarter Financial Results ... capacity shipped across all digital storage media will more than double by 2015 from 767 exabytes in 2012. With the HDD storage responsible for roughly 70% of exabyte shipments over this ... read more

Thai flooding impact on tech companies, suppliers Semiconductor maker LSI Corp. warns that supply-chain uncertainties because of the flooding may weigh on fourth-quarter results ... weakness in its communications networks division hurt sales. Jan. 23: Western Digital CEO John Coyne says progress in ... read moreU.S. Stocks Advance as EU Considers $1.3 Trillion Rescue Fund Philip Morris International Inc. rallied 3.3 percent as higher shipments ... across the Web, moves that may weigh on earnings in coming quarters. Dell Inc. sank 5.4 percent to $15.05 amid concerns raised by one of its suppliers, Western Digital Corp ... read moreFTSE 100 falters as Bank of Japan inaction stuns markets Despite its bearish remarks about housebuilding in London, Credit Suisse reckons the remainder of the UK housing market is entering a period of low, but protracted ... Trade Commission said the company's division Invibio agreed to settle allegations ... read moreShaw Announces Second Quarter and Year-to-date Results Accordingly, the assets and liabilities, operating results and operating cash flows for the previously reported Media division are presented ... The economic slowdown in parts of western Canada continues to weigh on Consumer RGUs. Phone losses continue ... read moreSamsung's Q2 earnings show $6.96 billion net profit, but smartphone growth is slowing Most noticeably, a growth spurt in shipments ... (IM) Division, which encompasses the Mobile Communications, Networks, and Digital Imaging businesses. "Entering into a typically strong season for the IT industry, we expect earnings to continue to increase. read more

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Source: Western Digital Earnings: Low Shipments Across Divisions Weigh On Results