Western Digital Reports Q1 Adj. EPS $0.20 Misses $0.39 Estimate, Sales $3.74B Beats $3.65B Estimate

First quarter revenue was $3.74 billion, above the midpoint of guidance. First quarter GAAP earnings per share (EPS) was $0.08 and Non-GAAP EPS was $0.20, non-GAAP EPS was impacted by higher tax rate. First quarter GAAP operating income was $158 million and Non-GAAP operating income was $307 million.