Western Digital Earnings, Revenue beat in Q2 By Investing.com

Western Digital reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Western Digital announced earnings per share of $0.69 on revenue of $3.94B. Analysts polled by Investing.com anticipated EPS of $0.5279 on revenue of $3.87B.

Western Digital shares are down 4% from the beginning of the year and are trading at $52.65 , down-from-52-week-high.They are under-performing the Nasdaq which is up 3.48% from the start of the year.

Western Digital follows other major Technology sector earnings this month

Western Digital’s report follows an earnings beat by Apple on Wednesday, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.41 on revenue of $102.54B.

Microsoft had beat expectations on Tuesday with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.23B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar