Western Digital's revenue in the third fiscal quarter of fiscal year 2024 was 3.457 billion US dollars: a year-on-year increase of 23%, turning losses into profits

According to the latest financial report, Western Digital turned losses into profits in the third quarter of fiscal year 2024 (i.e. the first quarter of 2024). During the period, the revenue reached 3.457 billion US dollars (about 25.063 billion yuan), up 23% year on year and 14% month on month.

Under Non GAAP accounting standards, the operating profit of Western Digital is 380 million US dollars (about 2.755 billion yuan), and the net profit attributable to shareholders is 210 million US dollars (about 1.522 billion yuan). From the market perspective, cloud business and customer business are its main revenue sources, contributing about US $1.553 billion (about RMB 11.259 billion) and US $1.174 billion (about RMB 8.511 billion) respectively.

It is worth noting that although the total revenue increased, the revenue of consumer business decreased by 13% month on month, while the year-on-year growth rate was 17%. This further reduces the proportion of consumer business in the whole business.

In addition, in terms of product categories, flash memory products have brought about 1.705 billion dollars (about 12.361 billion yuan) in revenue, HDD machinery Hard disk The business contributed about 1.752 billion US dollars (about 12.702 billion yuan).

In general, Western Digital achieved performance growth in the quarter, and both flash memory and HDD mechanical hard disk products achieved double-digit growth.

This article is an original article. If it is reproduced, please indicate the source: Western Digital's revenue in the third fiscal quarter of fiscal year 2024 was 3.457 billion US dollars: a year-on-year increase of 23%, turning losses into profits https://news.zol.com.cn/868/8683696.html