
Western Digital's Revenue Climbs 6% to $13B as HDD-Flash Split Nears Completion
Western Digital CorporationDescription
What this story covers
Western Digital's 2024 10-K shows 13 billion dollars revenue up 6 percent, driven by higher shipments and pricing recovery in HDD and Flash segments. Gross margins improved to 22 point 6 percent amid efficiencies. Operating loss narrowed, liquidity solid despite 7 point 4 billion dollars debt. Planned HDD-Flash split by end-2024 aims to boost focus, but faces execution risks.
Story snapshot
CompanyWestern Digital Corporation
TickerWDC
VariantStandard detailed
Duration10:50
Filing type10-K
PeriodAnnual 2024
IndustryTechnology
Accession0000106040-24-000031
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