Summary
Western Digital Corporation (WDC) filed its 10-Q for the period ending December 25, 2008, reporting on its second quarter of fiscal year 2009. The filing primarily consists of unaudited financial statements and management's discussion and analysis. Investors should pay close attention to the company's financial performance, including revenue, profitability, and cash flow, as well as any identified risks and strategic initiatives discussed by management. The context of the late 2008 economic environment, characterized by a global recession, is crucial for understanding the company's results and outlook. Key areas of focus for investors will be the company's ability to navigate the challenging economic climate, its inventory management, and its capital expenditure plans. The condensed financial statements provide a snapshot of the company's financial health, while the MD&A section offers management's perspective on the results of operations, financial condition, and liquidity. Investors should also review the risk factors section for potential headwinds affecting the business.
Financial Highlights
25 data points| Revenue | $1.82B |
| Cost of Revenue | $1.53B |
| Gross Profit | $290.00M |
| Operating Expenses | $274.00M |
| Operating Income | $16.00M |
| Net Income | $14.00M |
| EPS (Basic) | $0.06 |
| EPS (Diluted) | $0.06 |
| Shares Outstanding (Basic) | 222.00M |
| Shares Outstanding (Diluted) | 224.00M |
Key Highlights
- 1The report covers the second quarter of fiscal year 2009, ending December 25, 2008.
- 2The filing includes unaudited condensed consolidated financial statements (Balance Sheets, Income Statements, Cash Flows).
- 3Management's Discussion and Analysis of Financial Condition and Results of Operations is a key section for investor insight.
- 4Risk Factors are detailed in Part II, providing crucial information on potential challenges.
- 5The filing takes place during a period of significant global economic uncertainty, which likely impacted the company's performance.
- 6Investors should scrutinize the liquidity and cash flow positions given the economic environment.