Western Digital announces revenue of US $3.7 billion
For Q3 of FY2014
The revenue actually slightly dropped from the same quarter last year where it was at US $3.8 billion while net income was US $391 million, or US $1.60 per share compared to $1.55 per share in this Q3FY2014.
Steve Miligan, president and chief executive officer, said that ”We achieved solid financial results for the March quarter as we continue to participate in the ongoing growth of data, with an intense focus on helping our customers succeed in a rapidly changing environment. Cash generation remained strong. Our steady financial performance continues to demonstrate an ability to manage the business and deliver ongoing value to our customers and shareholders.”