Shining numbers, hesitant investors! Western Digital defies concerns about cyclicality in the storage market!
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Record revenue and profit: Western Digital increases revenue in Q1 by 55% to $4.38 billion and EPS by 161% to $4.64 Technology over capacity: Management counters Toshiba's capacity plans with a focus on storage density and aims for HAMR introduction Strong outlook: For Q2, the storage manufacturer expects revenue of up to $5.20 billion with further increasing margins "Fiscal year 2027 has started strongly with results exceeding our expectations, driven by robust customer demand,” emphasized CEO Irving Tan upon the release of the Q1...
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