[Western Digital Q1 2027 Earnings Call] Western Digital Guides to 69% Revenue Growth in Q2 as AI Data Boom Lifts EPS 161% to $4.64

Western Digital reported fiscal Q1 earnings of $1.78B ($4.63/share), up from $1.15B a year earlier, with revenue at $4.38B, beating estimates. The company cited a 28% rise in average selling price per terabyte and demand visibility to 2030-2031. Shares fell 5-6% after hours, despite guidance above forecasts and a 17% dividend increase.

Western Digital (WDC) reported fiscal Q1 earnings of $4.64 per share, beating estimates, with revenue up 55% YoY to $4.38B. Guidance was strong, but shares fell 5% after hours due to broader AI sector selloff. CEO Irving Tan dismissed concerns about Toshiba's increased production capacity.

Western Digital (WDC) reported Q1 earnings with a 58.1% gross margin and $2.2B operating income. The company expects revenue growth to 69% YoY in Q2, with plans to launch HAMR drives in 2027. Management highlighted margin expansion drivers and a 17% dividend increase.

Western Digital Corporation reported Q1 2027 revenue up 55% YoY and EPS up 161%, with a 58.1% gross margin and $1.4B in free cash flow. The company attributed this growth to strong pricing and product capacity increases, leading to an improved Q2 outlook and accelerating exabyte growth.

Western Digital (WDC) reported Q1 2027 earnings of $4.64 per share (adjusted) and $4.38B revenue, beating estimates. Earnings rose 161% YoY, revenue up 55%. Adjusted gross margin increased to 58.1% from 43.9%.

Western Digital reported Q1FY27 revenue of $4.38B, up 55% YoY, with non-GAAP EPS of $4.64. Cloud revenue hit 88% of total sales. Margins expanded significantly, but shares fell 6.43% on the day. The company guided for Q2FY27 revenue of $5.1B and further margin expansion.