Western Digital has recovered $ 488 million of cash during the operation in the fourth quarter, ending with total cash amount equivalent to US $ 5 billion. In the fourth quarter, the company took advantage of 198 million to buy back 2 million common shares.
On 7/29, WD reported revenue of $ 3.2 billion and income after tax was $ 220 million, or $ 0.94 per share in the fourth quarter of the financial year of the company, ending on 07/03/2015. Profit (non-GAAP) reached USD 356 million, equivalent to $ 1.51 a share. Same period last year, Western Digital reported revenue of $ 3.7 billion and net income of USD 317 million equivalent to $ 1.32 a share. Profit (non-GAAP) same period last year was 445 million, or $ 1.85 a share.
Western Digital has recovered $ 488 million of cash during the operation in the fourth quarter, ending with total cash amount equivalent to US $ 5 billion. In the fourth quarter, the company took advantage of 198 million to buy back 2 million common shares. On 5/5, the company has stated value $ 0.5 per dividend, which was paid to shareholders on 15/7.
Steve Milligan, president and CEO of Western Digital, said, "In the context of the personal computer market increasingly weakened, I am satisfied with the operation and the figure achieved in the fourth quarter. These results demonstrate product quality and reputation of its technology increasingly strong position. We are extremely optimistic in the future will continue to bring outstanding values for the storage market is in the rise. "
0 comments:
Post a Comment
Note: Only a member of this blog may post a comment.