Western Digital (NASDAQ: WDC) stock plunged 11.7% through 10:30 a.m. ET Thursday despite beating on both sales and earnings last night.
In its fiscal Q4 2026 update, ****** ysts had expected Western Digital to report only $3.29 per share on sales of less than $3.7 billion. In fact, WD earned $3.56 per share on sales of $3.75 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
What's wrong with that? Not a lot!
Growing demand for computer memory of all types to support the artificial intelligence revolution drove Western Digital's sales up 44% year over year, and produced GAAP earnings of $8.21 per share -- up 1,125% year over year. (The "$3.56" per share profit was only a non-GAAP number -- but even non-GAAP earnings more than doubled.)
#gaap #earnings
In its fiscal Q4 2026 update, ****** ysts had expected Western Digital to report only $3.29 per share on sales of less than $3.7 billion. In fact, WD earned $3.56 per share on sales of $3.75 billion.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
What's wrong with that? Not a lot!
Growing demand for computer memory of all types to support the artificial intelligence revolution drove Western Digital's sales up 44% year over year, and produced GAAP earnings of $8.21 per share -- up 1,125% year over year. (The "$3.56" per share profit was only a non-GAAP number -- but even non-GAAP earnings more than doubled.)
#gaap #earnings
2 days ago
