Investing.com - Western Digital reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Western Digital announced earnings per share of $2.49 on revenue of $5.1B. Analysts polled by Investing.com EPS of $2.45 on revenue of $5.06B.
Western Digital 's are up 15% and is trading at $52.50 , still down 26.67% from its 52 week high of $78.19 set on Friday, June 4, 2021.
Western Digital shares lost 8.44% to trade at $52.50 in after-hours trade the report.
Western Digital follows other major Technology sector earnings this month
Western Digital's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, for EPS of $3.19 on revenue of $29.58B.
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