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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

Dec 9 4:00 PM EST

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From: Elroy	1/24/2019 8:53:46 PM
	of 95541

Here it is: Western Digital said it expects third-quarter revenue between $3.60 billion and $3.80 billion and earnings of 40 cents to 60 cents per share. Analysts on average were expecting $3.88 billion and earnings of 97 cents per share, according to IBES data from Refinitiv. finance.yahoo.com For that article, here's the headline: Western Digital signals revenue rise in second half, shares climb and here's the contents of the article: Western Digital Corp said on Thursday it expected revenue to improve in the second half Hmmm, I guess the question is "revenue rise" and "revenue improve" is.....relative to what? If it's relative to Q2 2019, no kidding, big deal. Q2 2019 revenues might be $3.3 billion and gross margins 25%. That's about break even EPS for WDC. Will WDC ever again report revenues above $5 billion? If so....how? That's what I would be wondering now.

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