Western Digital Q1 Beats Estimates, Guides Strong
from Business News Today | 2 Min News | The Daily News Now!
Western Digitals Q1 2026 results exceeded expectations with a 45.5% revenue increase to $3.34 billion, beating analyst estimates by 2.5%. Adjusted EPS of $2.72 surpassed expectations by 13.7%. Guidance for Q2 2026 projects $3.65 billion in sales, a 4.8% beat, and EPS of $3.25. Operating and free cash flow margins expanded, but the stock dropped 7.3% due to high investor expectations. Inventory days outstanding remained steady, indicating healthy demand. Analysts project 31.1% revenue growth over the next year, positioning Western Digital for long-term success in storage. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1134794c0294bc95
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