웨스턴디지털 실적부진과 부정적 전망치로 시간외 12% 하락

2020.08.06

WDC는 장마감후 실적 발표에서 시장전망치인 매출 43.6억달러에 못미치는 42.9억달러 발표로

시간외에서 12% 하락한 39.17달러에 거래.

 

또 다음 분기 실적 예상치로 매출 37억-39억달러, 주당 순이익 0.45-0.65달러를 발표.

이는 시장 예상치인 매출 43.6억달러와 주당순이익 1.35달러에 한참 못미치는 실적 전망치.

 

Western Digital Corp. WDC, -0.64% slumped more than 12% in after-hours trading Wednesday

following an earnings report that included a disappointing forecast for the hard-drive maker's new fiscal year.

 

Western Digital reported fiscal fourth-quarter earnings of $148 million, or 49 cents a share,

on sales of $4.29 billion, up from $3.63 billion a year ago.

WDC는 회계년도 4분기 실적 발표. 매출 42.9억달러, 순이익 1.48억달러, 주당순이익 0.49달러 달성.

매출은 1년전 36.3억달러대비 증가.

 

After adjusting for stock-based compensation and other factors, the company reported earnings of $1.23 a share,

up from 17 cents a share last year. Analysts on average expected adjusted earnings of $1.22 a share on sales of $4.36 billion.

 

While Western Digital's revenue was a bit light, the bigger miss was in the fiscal first-quarter forecast,

which called for a year-over-year decline in sales with guidance

for adjusted earnings of 45 cents to 65 cents a share on sales of $3.7 billion to $3.9 billion.

 

Analysts on average were expecting adjusted earnings of $1.35 a share on sales of $4.36 billion.

Western Digital shares have declined nearly 30% so far this year, and closed with a 0.7% decline at $44.47 Wednesday before plummeting to less than $40 in after-hours trading following the announcement.

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Western Digital (NASDAQ:WDC) shares are down 12% AH following a fiscal Q4 revenue miss and

downside guidance.

Data Center Devices and Solutions revenue grew 32% to $1.68B, Client Devices grew 19% to $1.92B,

and Client Solutions declined 9% to $687M Y/Y.

 

Pandemic-related cloud,work from home, and gaming trends drove Data Center and Client Devices higher,

while the related brick-and-mortar closures hit Client Solutions.

Operating cash flow totaled $172M with FCF of $261M.

The downside FQ1 outlook sees $3.70-3.90B in revenue (consensus: $4.36B) and $0.45-0.65 (consensus: $1.32).