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Western Digital announced earnings per share of $0.20 on revenue of $3.74. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $3.64B.
Western Digital shares are down 11% from the beginning of the year, still down 47.58% from its 52 week high of $69.36 set on January 5.
Western Digital shares gained 3.06% in intra-day trade following the report.
Western Digital’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
