Western Digital Q1 2022 Earnings Report
Key Takeaways
Western Digital reported a strong fiscal first quarter 2022 with revenue of $5.1 billion, up 29% year-over-year. Cloud revenue increased 72%, Client revenue increased 6%, and Consumer revenue increased 10% year-over-year. The company generated $521 million in operating cash flow and $224 million in free cash flow.
First quarter revenue was $5.1 billion, up 29% year-over-year.
Cloud revenue increased 72%, Client revenue increased 6%, and Consumer revenue increased 10% year-over-year.
First quarter GAAP earnings per share was $1.93 and non-GAAP EPS was $2.49.
Generated operating cash flow of $521 million and free cash flow of $224 million.
Western Digital
Western Digital
Western Digital Revenue by Segment
Forward Guidance
Expecting fiscal second quarter 2022 revenue to be in the range of $4.70 billion to $4.90 billion with non-GAAP EPS in the range of $1.95 to $2.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income