Western Digital (WDC.US) fell over 9% in the first quarter of FY2025.

We learned from Zhitong Finance that the stock price of Western Digital (WDC.US) fell on Thursday, and as of the time of writing, the stock has fallen more than 9% to $60.65. The company's guidance for the first quarter of fiscal 2025 is weak.

Western Digital's Q4 revenue was $3.764 billion, up 41% YoY and 9% MoM, slightly higher than the average analyst estimate of $3.747 billion. The operating profit under non-GAAP accounting standards grew 75% MoM to $666 million, compared with an operating loss of $478 million in the same period last year; the net income attributable to common shareholders grew 140% MoM to $504 million, compared with a net loss of $640 million in the same period last year. The adjusted earnings per share was $1.44, higher than the average analyst estimate of $1.18.

Western Digital expects its first-quarter revenue for fiscal 2025 to be between $4 billion and $4.2 billion, which is lower than the average analyst estimate of $4.23 billion; it expects the adjusted earnings per share to be between $1.55 and $1.85, which is also lower than the average analyst estimate of $1.76.