Western Digital sees Q2 revenue at midpoint, EPS at low end; CFO to leave
Western Digital said preliminary second-quarter revenue is expected at the midpoint of its $4.20 billion to $4.40 billion guidance, while non-GAAP diluted EPS is expected at the low end of its $1.75 to $2.05 range, citing a more challenging pricing environment in its flash business. Executive Vice President and CFO Wissam Jabre will resign effective February 28, 2025, when the company expects to complete the separation of its flash business, and the company has started a search for the hard disk drive business CFO role.
Key points
- Q2 revenue (quarter ended December 27, 2024) is expected at the midpoint of the $4.20 billion to $4.40 billion guidance issued October 24, 2024.
- Non-GAAP diluted EPS is expected at the lower end of the $1.75 to $2.05 guidance range, due to a more challenging pricing environment in the flash business.
- The figures are preliminary and may change after financial closing procedures and auditor review; a GAAP reconciliation was not provided.
- CFO Wissam Jabre notified the company on January 10, 2025 that he will not continue as CFO of the hard disk drive business; he resigns effective February 28, 2025.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.