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Jul 02, 2021
Western Digital Q4 2021 Earnings Report
Reported fourth quarter and fiscal year 2021 financial results, with revenue up 15% year-over-year and GAAP EPS of $1.97.
Key Takeaways
Western Digital reported strong Q4 2021 financial results, with revenue reaching $4.9 billion, a 15% increase year-over-year. GAAP EPS was $1.97 and non-GAAP EPS was $2.16. The company generated $994 million in operating cash flow and $792 million in free cash flow during the quarter.
Fourth quarter revenue increased by 15% year-over-year to $4.9 billion.
GAAP earnings per share (EPS) for the fourth quarter was $1.97, and non-GAAP EPS was $2.16.
The company generated $994 million in operating cash flow and $792 million in free cash flow during the fourth quarter.
Client Devices revenue increased 13%, Data Center Devices and Solutions revenue increased 6%, and Client Solutions revenue increased 42% year-over-year.
Forward Guidance
Expecting fiscal first quarter 2022 revenue to be in the range of $4.90 billion to $5.10 billion with non-GAAP EPS in the range of $2.25 to $2.55.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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