Investing.com - Western Digital (NASDAQ:WDC) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Western Digital announced earnings per share of $0.20 on revenue of $3.74. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $3.64B.
Western Digital shares are down 11% from the beginning of the year and are trading at $36.36 , down-from-52-week-high.
Western Digital shares gained 3.06% in intra-day trade the report.
Western Digital follows other major Information Technology sector earnings this month
Western Digital's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.
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