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Adam_a

Western Digital Reports 4Q18 & Fiscal Year Earnings

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For the fiscal year, WD saw record setting revenue of $20.6 billion up from last year’s $19.1 billion. The company reported an operating income of $3.6 billion and a net income of $675 million (or $2.20/share), again a considerable improvement over last years operating income of $2 billion and net income of $397 million. The company generated $4.2 billion in cash and returned $1.2 billion to shareholders in dividends. The company is replacing its share repurchase program with a new $5 billion program.

 

 

 

Western Digital Reports 4Q18 & Fiscal Year Earnings

 

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