Earnings Call Summary | Western Digital(WDC.US) Q3 2024 Earnings Conference
Earnings Call Summary | Western Digital(WDC.US) Q3 2024 Earnings Conference
The following is a summary of the Western Digital Corporation (WDC) Q3 2024 Earnings Call Transcript:
以下是西部数据公司(WDC)2024年第三季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Western Digital's Q3 revenue was reported at $3.5 billion, surpassing their predictions.
Non-GAAP gross margin stood at 29.3%, and non-GAAP earnings per share were $0.63.
Both HDD and Flash gross margins experienced a significant increase, up 6.8 and 32.4 percentage points year-over-year, respectively.
Their total gross debt outstanding is reported to be $7.8 billion, while cash and cash equivalents are at $1.9 billion.
A 13% sequential and 5% year-on-year rise in operating expenses were mainly driven by higher variable compensation associated with improved financial outcomes.
西部数据第三季度收入为35亿美元,超出了他们的预期。
非公认会计准则毛利率为29.3%,非公认会计准则每股收益为0.63美元。
硬盘和闪存的毛利率均大幅增长,分别同比增长6.8和32.4个百分点。
据报道,他们的未偿债务总额为78亿美元,而现金和现金等价物为19亿美元。
运营费用连续增长13%,同比增长5%,主要是由与财务业绩改善相关的可变薪酬增加所推动的。
Business Progress:
业务进展:
The separation of flash and HDD businesses, set to be completed in the second half of the calendar year.
A recorded increase in demand in all major end markets; cloud revenue experienced a 29% growth, followed by a 20% growth in client revenue and a 17% in consumer revenue.
A return in demand for enterprise SSD solutions was noticed, and the company is expecting to ship AI related applications in the second half of the year.
Qualification for the newest high-performance PCIe Gen 5, BiCS 6-based enterprise SSD is underway at a hyperscaler, expected to ramp in the second half of the year.
The company anticipates a continued rise in the demand for HDD and Flash, amidst the ongoing supply-constrained environment.
闪存和硬盘业务的分离将在本日历年的下半年完成。
所有主要终端市场的需求均创历史新高;云收入增长了29%,其次是客户收入增长了20%,消费者收入增长了17%。
人们注意到对企业固态硬盘解决方案的需求有所回升,该公司预计将在下半年推出与人工智能相关的应用程序。
基于 BiCs 6 的最新高性能 PCIe Gen 5 企业级固态硬盘的资格认证正在进行中,预计将在下半年提高。
该公司预计,在持续的供应受限环境下,对硬盘和闪存的需求将继续增长。
More details: Western Digital IR
更多详情: 西部数据红外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。