Western Digital (NASDAQ:WDC) reported its Q1 earnings results on Thursday, October 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Western Digital missed estimated earnings by 53.49%, reporting an EPS of $0.2 versus an estimate of $0.43.

Revenue was down $1.31 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Western Digital's past performance:

To track all earnings releases for Western Digital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.