Western Digital Corp. (NASDAQ: WDC) today reported revenue of $3.5 billion and net income of $384 million, or $1.63 per share, for its third fiscal quarter ended Apr. 3, 2015. On a non-GAAP basis, net income was $441 million or $1.87 per share. In the year-ago quarter, the company reported revenue of $3.7 billion and net income of $375 million, or $1.55 per share. Non-GAAP net income in the year-ago quarter was $470 million, or $1.94 per share.
The company generated $684 million in cash from operations during the third fiscal quarter, ending with total cash and cash equivalents of $4.8 billion. It utilized $240 million to repurchase 2.2 million shares of common stock. On Feb. 3, the company declared a cash dividend of $0.50 per share of its common stock, which was paid on Apr. 16. "I am satisfied with our execution and results in light of current PC demand challenges that were largely driven by weak macro-economic conditions," said Steve Milligan, president and chief executive officer. "We delivered a solidly profitable quarter with continued strong cash generation, improved average selling price and healthy gross margins.
from techPowerUp! http://ift.tt/1DVqxyQ
via Techpowerup is my favorite place to get more review and the computer hardware part review, the review and the news is just so good, i really recommend you to visit the original page to read the full story about what the news beast and what the site talking about, enjoy the computer hardware part information online, visa techpowerup, i hope someday i will easily buying the new list item on the review list, just to make very beast computer rig, to encode the x264, that will kicking some ass... be ready
Post a Comment
This blog needed you to understand the word spam - never spam on this blog, although i will not moderate all of it, but you will learn it yourself, educate yourself