What was the overall revenue performance for Western Digital in this quarter?

Western Digital reported an increase in revenue for the three months ended September 26, 2008, when compared to the same period in the previous fiscal year. This suggests positive top-line momentum driven by sales.

Were there any significant changes in the company's financial condition?

The filing includes updated condensed consolidated balance sheets, income statements, and cash flow statements. Investors should refer to the MD&A and the notes to the financial statements for detailed information on the company's assets, liabilities, equity, liquidity, and cash flows.

What are the key risks facing Western Digital as outlined in the filing?

The 'Risk Factors' section (Item 1A) of the report details the potential challenges and uncertainties that could impact the company's business, financial condition, and results of operations. Investors should review this section carefully to understand these risks.

How did the company manage its cash during this period?

The Condensed Consolidated Statements of Cash Flows for the three months ended September 26, 2008, provides a breakdown of cash generated from or used in operating, investing, and financing activities. Analysis of this statement is key to understanding WDC's cash management.

WDC 10-Q Quarterly Report Q1 FY2009 — Revenue, Net Income, EPS

Summary

Western Digital Corporation (WDC) filed its quarterly report for the period ending September 25, 2008, revealing its financial performance and operational status. The company experienced a revenue increase in the first quarter of fiscal year 2009 compared to the same period in the prior year, driven by strong demand and increased unit shipments. Despite this top-line growth, profitability was impacted by a combination of factors including pricing pressures and higher operating expenses. Investors should pay close attention to the company's management discussion and analysis (MD&A) for insights into the factors influencing these results. The filing also details the company's financial condition, including its liquidity and capital resources, as well as ongoing market risks. While WDC demonstrated an ability to grow its revenue base, the quarter presented challenges to margin expansion, setting the stage for potential investor focus on operational efficiency and cost management moving forward.

Financial Highlights

24 data points

Beta

Revenue

$2.11B

0.2% Gross Margin

Net Income

$211.00M

0.1% Net Margin

EPS (Diluted)

$0.93

Cash & Equivalents

$1.21B

Free Cash Flow

$301.00M

Financial Statements

Beta

Revenue	$2.11B
Cost of Revenue	$1.69B
Gross Profit	$424.00M
Operating Expenses	$190.00M
Operating Income	$234.00M
Net Income	$211.00M
EPS (Basic)	$0.95
EPS (Diluted)	$0.93
Shares Outstanding (Basic)	222.00M
Shares Outstanding (Diluted)	226.00M

Key Highlights

1Revenue increased for the three months ended September 26, 2008, compared to the prior year's period, indicating top-line growth.
2The company experienced fluctuations in profitability, suggesting potential impacts from pricing, costs, or product mix.
3Management's Discussion and Analysis (MD&A) section provides crucial context for the financial results and operational trends.
4The report includes updated condensed consolidated financial statements (Balance Sheets, Income Statements, Cash Flows) as of and for the quarter ended September 26, 2008.
5Risk Factors section highlights potential challenges and uncertainties the company faces.
6Details on market risk and controls and procedures are presented for investor due diligence.

WESTERN DIGITAL CORP Quarterly Report for Q1 Ended Sep 26, 2008

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions