Western Digital Q4 Revenue Jumps 44%, Guides Q1 Above Street
WDC has more than doubled off its 52-week low of $73.14.
Summary
Western Digital delivered a blowout Q4: revenue surged 44% YoY to $3.75B, gross margin expanded 1310 bps to 54.1%, and GAAP EPS hit $8.21. Full-year revenue grew 36% to $12.9B with GAAP EPS of $24.28. The company guided Q1 FY27 revenue to $4.1B at the midpoint, with non-GAAP gross margin of 55.5% and EPS of $4.00 — well above consensus. A $0.15 dividend was declared. This follows a year of strong execution and debt restructuring, including the June convertible debt conversion. The guidance signals management's confidence in sustained cloud and data center demand.
At the time of this announcement, WDC was trading at $468.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $178.9B. The 52-week trading range was $73.14 to $799.87. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: BusinessWire.