Storage Stocks

  • Western Digital: Fiscal 2Q18 Financial Results

    (in $ million) 3Q17 3Q18 9 mo. 17 9 mo. 18 Revenue 4,888 5,336 9,602 10,517 Growth 9% 10% Net income (loss) 235 (823) (131) (142) Western Digital Corp. reported record revenue of $5.3 billion for its second fiscal quarter ended Dec. 29, 2017. Operating income was $955 million with a net loss of $823 million, or ($2.78) per share. The GAAP net loss for the period includes a provisional net tax charge of $1.6 billion primarily due to the…

  • Quantum: Fiscal 2Q18 Financial Results

    Quantum: Fiscal 2Q18 Financial Results Poor results, CEO Jon Gacek leaving company This is a Press Release edited by StorageNewsletter.com on 2017.11.13 (in $ million) 2Q17 2Q18 6 mo. 17 6 mo. 18 Revenue 134.7 107.1 251.0 223.9 Growth -21% -11% Net income (loss) 4.0 (7.9) (0.6) (11.5) Quantum Corp. reported results for the fiscal second quarter 2018 ended September 30, 2017, and made a number of other announcements. Fiscal Second Quarter Results (all comparisons are relative to the fiscal…

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