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AI English summary of an SEC filing — figures as filed

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Western Digital reported that revenue for Q2 December 27, 2024 was $4,285 million, up 5% sequentially from $4,095 million and up 41% year-over-year from $3,032 million.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Western Digital reported that revenue for Q2 December 27, 2024 was $4,285 million, up 5% sequentially from $4,095 million and up 41% year-over-year from $3,032 million.

  2. The company said GAAP earnings per share for Q2 was $1.63, compared with $1.35 in the prior quarter, and Non-GAAP earnings per share was $1.77, compared with $1.78 in the prior quarter. GAAP operating income was $852 million and GAAP gross margin was 35.4%.

  3. Western Digital expects revenue for Q3 March 28, 2025 to be in the range of $3.75 billion to $3.95 billion and Non-GAAP earnings per share to be in the range of $0.90 to $1.20.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q2 Revenue $4,285 million, Up Sequentially and Year-Over-Year

Western Digital reported that revenue for Q2 December 27, 2024 was $4,285 million, up 5% sequentially from $4,095 million and up 41% year-over-year from $3,032 million.

Source · Based on the filing body and exhibits

Q2 GAAP EPS $1.63, Non-GAAP EPS $1.77

The company said GAAP earnings per share for Q2 was $1.63, compared with $1.35 in the prior quarter, and Non-GAAP earnings per share was $1.77, compared with $1.78 in the prior quarter. GAAP operating income was $852 million and GAAP gross margin was 35.4%.

Source · Based on the filing body and exhibits

Fiscal Q3 Outlook: Revenue $3.75 billion to $3.95 billion

Western Digital expects revenue for Q3 March 28, 2025 to be in the range of $3.75 billion to $3.95 billion and Non-GAAP earnings per share to be in the range of $0.90 to $1.20.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.