Sector: Technology | Industry: Computer Hardware |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5601 Great Oaks Parkway SAN JOSE CA 95119 |
Tel: | N/A |
Website: | https://www.westerndigital.com |
IR: | See website |
Key People | ||
David V. Goeckeler Chief Executive Officer, Director | Wissam Georges Jabre Chief Financial Officer, Executive Vice President | Robert W. Soderbery Executive Vice President and General Manager, Flash Business | Cynthia Lock Tregillis Chief Legal Officer |
Business Overview |
Western Digital Corporation (Western Digital) is a developer, manufacturer, and provider of data storage devices and solutions based on both NAND flash and hard disk drive technologies. It sells data storage devices and solutions in the United States and in foreign countries through its sales personnel, dealers, distributors, retailers, and subsidiaries. It has two segments: flash-based products (Flash) and hard disk drives (HDD). Flash products provide non-volatile data storage based on flash technology. It develops and manufactures solid state storage products for a variety of applications including enterprise or cloud storage, client storage, automotive, mobile devices, and removable memory devices. HDD products provide non-volatile data storage by recording magnetic information on a rotating disk. It develops and manufactures substantially all the recording heads and magnetic media used in its HDD products. Its portfolio of technology and products address multiple end markets. |
Financial Overview |
For the 26 weeks ended 29 December 2023, Western Digital Corp revenues decreased 16% to $5.78B. Net loss applicable to common stockholders increased from $404M to $1B. Revenues reflect Hard Disk Drives segment decrease of 26% to $2.56B, Flash-based Products segment decrease of 5% to $3.22B, Americas segment decrease of 42% to $1.47B, Europe, Middle East and Africa segment decrease of 7% to $1.07B. |
Employees: | 53,000 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $29,473M as of Dec 29, 2023 |
Annual revenue (TTM): | $11,257M as of Dec 29, 2023 |
EBITDA (TTM): | -$1,066M as of Dec 29, 2023 |
Net annual income (TTM): | -$2,312M as of Dec 29, 2023 |
Free cash flow (TTM): | -$1,684M as of Dec 29, 2023 |
Net Debt Last Fiscal Year: | $5,912M as of Dec 29, 2023 |
Shares outstanding: | 326,164,929 as of Feb 29, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |