8-KRegulation FDExhibits & Filings

WESTERN DIGITAL CORP 8-K Report, Regulation FD Disclosure (Sep 7, 2016)

Filed September 7, 2016For Securities:WDC

Summary

Western Digital Corporation (WDC) filed an 8-K report on September 7, 2016, primarily to disclose updated financial guidance for the first quarter of fiscal year 2017. This update, issued via a press release, is crucial for investors as it provides insight into the company's near-term revenue and profitability expectations. While the 8-K itself doesn't contain detailed financial statements or operational updates, the incorporated press release (Exhibit 99.1) is the key document for investors. This filing signals management's current outlook on business performance and may reflect shifts in market demand, product cycles, or competitive pressures impacting the storage solutions industry. Investors should carefully review the details within the referenced press release to understand the specific drivers behind the revised guidance and their potential implications for WDC's financial trajectory.

Key Highlights

  • 1Western Digital (WDC) filed an 8-K on September 7, 2016.
  • 2The primary purpose of the filing was to issue updated guidance for the first quarter of fiscal year 2017.
  • 3The updated guidance was communicated through a press release filed as Exhibit 99.1.
  • 4This filing is considered a Regulation FD Disclosure.
  • 5The information provided is not deemed 'filed' for Section 18 of the Exchange Act, but is incorporated by reference.
  • 6The filing does not include new financial statements, only exhibits.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose updated financial guidance for Western Digital's first quarter of fiscal year 2017. This information was provided through a press release attached as an exhibit.

The specific details of the updated guidance are contained in the press release issued by Western Digital on September 7, 2016, which is attached as Exhibit 99.1 to this 8-K filing.

No, this 8-K filing does not contain detailed financial statements. It primarily serves to announce updated guidance via a press release and includes that press release as an exhibit.

According to the filing, the information in Item 7.01, including Exhibit 99.1, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section. However, it is incorporated by reference into other filings where expressly stated.