Western Digital informa el tercer trimestre fiscal 2024 Resultados financieros
“As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets,” dijo david goeckeler, CEO de Western Digital. “We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending and focused on driving innovation and efficiency across our businesses. We are confident in our strategy and the actions we have taken to-date, which successfully position us to capitalize on the promising growth prospects that lie ahead.”
The company had an operating cash inflow of $58 million and ended the quarter with $1.89 miles de millones de efectivo total y equivalentes de efectivo. Additional details can be found within the company’s earnings presentation, which is accessible online at investor.wdc.com.
In the fiscal third quarter:
- Nube representada 45% de los ingresos totales. The growth was primarily attributed to higher nearline shipments and improved nearline per unit pricing with flash revenue up both sequentially and year-over-year.
- Cliente representado 34% de los ingresos totales. secuencialmente, the increase in flash ASP more than offset a decline in flash bit shipments while HDD revenue decreased. The year-over-year increase was driven by growth in both flash and HDD ASPs and flash bit shipments.
- Consumidor representado 21% de los ingresos totales. secuencialmente, both flash and HDD were down at approximately similar rates and in line with seasonality. The year-over-year increase was driven by growth in flash bit shipments and ASP.
Revisions to Prior Period Financial Results
As previously reported, in connection with the preparation of its condensed consolidated financial statements as of and for the three and six months ended December 29, 2023, the company identified certain errors related to the company’s reporting and recording of its interests in its equity method investments in Flash Ventures. These errors related to unadjusted differences between Flash Ventures’ application of Japanese generally accepted accounting principles to certain lease-related transactions compared to the applicable U.S. generally accepted accounting principles. These unadjusted differences resulted in differences in the equity in earnings from these entities recognized by the company in Other income (gastos), net and the carrying value of the company’s equity method investments in Flash Ventures in the unaudited condensed consolidated financial statements. The company evaluated the errors and determined the related impacts were not material to its financial statements for the prior periods when they occurred. The company has revised previously reported financial information for such immaterial errors, and the unaudited preliminary condensed consolidated financial statements included in this press release incorporate revisions made to correct these errors for the periods presented. Please refer to the tables outlining revisions to results of operations in the company’s earnings presentation, which is accessible online at investor.wdc.com, and to the company’s upcoming Quarterly Report on Form 10-Q for the fiscal third quarter ending March 29, 2024, for additional information related to these revisions.
Comunicaciones para inversores
The investment community conference call to discuss these results and the company’s business outlook for the fiscal fourth quarter of 2024 se transmitirá en vivo en línea hoy en 1:30 p.m. Pacific/4:30 p.m. Oriental. Se puede acceder a la conferencia/transmisión web en vivo y archivada y a la presentación de ganancias en línea en inverter.wdc.com.