Investing.com - Western Digital reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Western Digital announced earnings per share of $2.3 on revenue of $4.83B. Analysts polled by Investing.com EPS of $2.12 on revenue of $4.81B.
Western Digital 's are down 17% and is trading at $53.84 , still down 31.14% from its 52 week high of $78.19 set on Friday, June 4, 2021.
Western Digital follows other major Information Technology sector earnings this month
Western Digital's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.48 on revenue of $51.73B, EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor had beat expectations on Thursday, January 13, 2022 with fourth quarter EPS of $1.16 on revenue of $15.85B, for EPS of $1.12 on revenue of $15.69B.
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