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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 200.32+2.2%Nov 21 9:30 AM EST
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From: Sam4/26/2018 6:48:32 PM
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BRIEF-Western Digital- Expect Q4 Non-GAAP Earnings Per Share Of $3.40 To $3.50 - CFO, Conf Call
REUTERS 6:40 PM ET 4/26/2018

Symbol Last Price Change
WDC 87.91 +1.99 (+2.32%)
QUOTES AS OF 04:00:00 PM ET 04/26/2018


April 26 (Reuters) - Western Digital Corp(WDC):

* WESTERN DIGITAL(WDC) - ON A NON-GAAP BASIS, EXPECT Q4 REVENUE OF $5 BILLION TO $5.1 BILLION - CFO ON CONF CALL

* WESTERN DIGITAL(WDC)- PRESIDENT SAYS EXPECT POSSIBILITY OF A CONSTRAINED SUPPLY ENVIRONMENT IN FLASH MARKET IN SECOND HALF OF CALENDAR YEAR 2018-CONF CALL

* WESTERN DIGITAL(WDC)- ESTIMATE CAPACITY ENTERPRISE MARKET TO GROW AT LEAST 75% YOY IN FIRST HALF OF CALENDAR 2018, ABOVE PRIOR ESTIMATE- PRESIDENT, CONF CALL

* WESTERN DIGITAL(WDC)- INCREASING PRIOR ESTIMATE FOR EXABYTE GROWTH FOR THE FULL CALENDAR 2018 OF GREATER THAN 50% TO MORE THAN 65% - PRESIDENT, CONF CALL

* WESTERN DIGITAL(WDC)- ON A NON-GAAP BASIS, EXPECT Q4 GROSS MARGIN OF 41% TO 42%, Q4 OPERATING EXPENSES BETWEEN $840 MILLION AND $850 MILLION- CFO, CONF CALL

* WESTERN DIGITAL(WDC)- EXPECT Q4 NON-GAAP EARNINGS PER SHARE OF $3.40 TO $3.50 - CFO, CONF CALL
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