An Interest In:
Web News this Week
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
Some of Our Sources
- BoingBoing
- Spoon Graphics
- Naldz Graphics
- FanExtra - PSD
- CSS Globe
- 24 Ways
- Freelance Switch
- Android Dissected
- Daily Now
- Dev To
Help Webnuz
Referal links:
August 9, 2022 06:28 am GMT
The company generated $295 million in cash flow from operations, made a scheduled and discretionary debt repayment of $150 million and ended the quarter with $2.33 billion of total cash and cash equivalents.
Original Link: https://www.techpowerup.com/297609/press-releases-western-digital-reports-fiscal-fourth-quarter-and-fiscal-year-2022-financial-results
(PR) Press Releases Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results
Western Digital Corp. (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2022 financial results. "I am proud of our team for driving strong fiscal year 2022 performance, during which revenue grew 11% and non-GAAP EPS increased 81%, demonstrating progress in unlocking the earnings potential of our business," said David Goeckeler, Western Digital CEO. "In addition to strong financial performance, fiscal year 2022 was a hallmark year for Western Digital from an innovation, product development and execution perspective. The combination of our innovation engine and the multiple channels to deliver our products to the market puts Western Digital in a great position to capitalize on the large and growing opportunities in storage ahead even in the midst of macro dynamics weighing on near-term demand."The company generated $295 million in cash flow from operations, made a scheduled and discretionary debt repayment of $150 million and ended the quarter with $2.33 billion of total cash and cash equivalents.
Original Link: https://www.techpowerup.com/297609/press-releases-western-digital-reports-fiscal-fourth-quarter-and-fiscal-year-2022-financial-results
Share this article:
Tweet
View Full Article
Leading tech publication