WDC•Western Digital expects second-quarter revenue of $5.1 billion, plus or minus $100 million, above analysts’ average estimate of $4.58 billion. First-quarter revenue rose 55% year over year to $4.38 billion.
Western Digital shares rose 1.8% in extended trading after the company forecast second-quarter revenue of $5.1 billion, plus or minus $100 million, compared with analysts’ average estimate of $4.58 billion. CEO Irving Tan said the company was executing through technology transitions to meet growing demand for storage. First-quarter revenue increased 55% year over year to $4.38 billion.
