Western Digital (WDC) Jumps 11.23% on Strong Earnings

We recently published 10 Stocks With Surprising Gains. Time to Sell? Western Digital Corporation (NASDAQ:WDC) is one of the companies that stood stronger last week.

Western Digital saw its share prices jump by 11.23 percent week-on-week as investors cheered its strong earnings performance in the fourth quarter of fiscal year 2025.

In an updated report, the company said it swung to a net income attributable to shareholders of $243 million from a $256 million net loss in the same period last year, as revenues grew by 30 percent to $2.6 billion from $2 billion year-on-year.

For the full fiscal year, Western Digital Corporation (NASDAQ:WDC) registered an attributable net income of $1.6 billion, reversing an $819-million net loss a year ago. Net revenues amounted to $9.5 billion, marking a 50.8-percent jump from the $6.3 billion year-on-year.

“Western Digital executed well in its fiscal fourth quarter, achieving revenue and gross margin above the high end of our guidance range while delivering strong free cash flow,” said CEO Irving Tan.

For full fiscal year 2026, Western Digital Corporation (NASDAQ:WDC) expects revenues to settle between $2.6 billion to $2.8 billion with gross margin between 41 and 42 percent.

It also declared a cash dividend amounting to $0.10 to all common shareholders as of September 4 record. The dividends will be paid on September 18, 2025.

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