Western Digital Trades Higher After Q2 Earnings

Western Digital WDC reported quarterly earnings of 62 cents per share on Thursday, which beat the analyst consensus estimate of 57 cents by 8.77%. This is a 57.24% decrease over earnings of $1.45 per share from the same period last year.

The company reported quarterly sales of $4.2 billion, which missed the analyst consensus estimate of $4.22 billion by 0.47%. This is a 0.78% decrease over sales of $4.233 billion the same period last year.

Western Digital shares were up 6.2% at $71.11 in the after-hours session. The stock has a 52-week range between $72 and $35.61

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