Western Digital announces Q2 FY results

Posts good results

Depending on the company, the fiscal year does not align with the actual year and for Western Digital, its second fiscal quarter ended January 2, 2015, and today, the company announced its financial results.

In 2014, Western Digital has been fined with US $801 million to its competitor Seagate, and it has already paid US $771 million, but this did not prevent Western Digital to post very good financial results.

Over this period, the company reported a revenue of US $3.9 billion with US $460 million of net profit and US $1.93 per share. During the same quarter in 2014, these figures were US $3.97 billion revenue, US $430 million of net profit and US $1.77 per share. When compared, you can see that the company reported a slightly lower revenue, but the net profit was up in the end.

Last December, Western Digital has bought 3.9 million of its own shares for an amount of US $309 million, after declaring a gain of $0.40 per share during previously month, which was paid to the shareholders on January 15, 2015. You can find more information on Western Digital web site.



Source: Le Comptoir du Hardware

News by Luca Rocchi and Marc Büchel - German Translation by Paul Görnhardt - Italian Translation by Francesco Daghini


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