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via seekingalpha.comBusiness & Companies

Western Digital expects Q2 FY2027 revenue of $5.1B with a 60-61% gross margin

FROM THE WIRE · SEEKINGALPHA.COM

Earnings Call Insights: Western Digital (WDC) Q1 FY2027 MANAGEMENT VIEW * "Q1 marked a strong start to fiscal 2027, reflecting solid execution across the business and results ahead of our expectations." (CEO & Director Tiang Yew Tan) "Revenue grew 55% year-over-year, while gross…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid revenue and margin guidance in AI-linked data storage can move the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The CEO reported 55% year-over-year revenue growth in the first fiscal quarter.
  2. 02Gross margin rose to 58% and free cash flow reached $1.4 billion.
  3. 03Demand for HDD storage is extending into enterprise, neocloud and AI frontier labs.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Western Digital CorporationWDCStock354.19 USDMarket closedtoday -6.43%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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