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 consensus estimates and significantly lower than prior year quarter levels as shown in the table below.
Western Digital Earnings: Low Shipments Across Divisions Weigh On Results
Forbes - 29 Apr 2016 20:09
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 consensus estimates and significantly lower than prior year quarter levels as shown in the table below.
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