Western Digital Q4 Earnings Beat on Solid Top-Line Growth, Shares Jump
For fiscal 2025, revenues skyrocketed 51% year over year to $9.5 billion. During the quarter, WDC shipped 190 exabytes of storage to customers, up 32% year over year, fueled by strong demand for nearline drives and growing volumes of its 26TB CMR and 32TB UltraSMR products. Also, shipments of its 26TB CMR and 32TB UltraSMR drives more than doubled from the previous quarter, topping 1.7 million units in June. This was one of the fastest ramps in its history. On Feb. 21, 2025, Western Digital split its HDD an ...