What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to publicly announce Western Digital Corporation's financial results for its fiscal first quarter ended October 1, 2021. The detailed financial information is contained within an attached press release.

Where can I find the actual financial results of WDC's fiscal Q1 2022?

The actual financial results are located in Exhibit 99.1, which is the press release issued by Western Digital Corporation on October 28, 2021, announcing these results. This exhibit is incorporated by reference into the 8-K filing.

Are the financial results filed with the SEC for regulatory liability purposes?

According to the filing, the information provided under Item 2.02 and 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. This means it's for disclosure, not formal regulatory filing in the same way a full quarterly report (10-Q) is.

What key financial metrics should I look for in the press release?

Investors should look for key metrics such as total revenue, gross margin, operating income, net income, earnings per share (EPS), and any forward-looking guidance provided by the company for upcoming quarters. Performance across WDC's product segments (e.g., Hard Disk Drives, Solid State Drives) is also critical.

WDC 8-K: Earnings & Results

Summary

Western Digital Corporation (WDC) filed an 8-K on October 28, 2021, to announce its financial results for the fiscal first quarter ended October 1, 2021. The accompanying press release, incorporated by reference, provides the detailed financial performance for the period. While the 8-K itself is procedural, the key investor takeaway lies within the financial results of the press release, which are not fully detailed in the provided text but are the primary driver of market reaction to this filing. Investors should focus on the specific revenue, profit margins, earnings per share (EPS), and any forward-looking guidance provided in the press release (Exhibit 99.1) to assess the company's performance against expectations and its outlook for the upcoming quarters. This includes understanding trends in their various product segments, such as HDDs and SSDs, and the factors influencing demand and supply within the data storage market.

Key Highlights

1WDC announced financial results for its fiscal first quarter ended October 1, 2021, via an 8-K filing.
2The full financial details are available in the attached press release (Exhibit 99.1).
3The filing is a standard disclosure mechanism for material events, with the financial results being the core information for investors.
4Investors should review the press release for specific revenue, EPS, and profitability metrics.
5Guidance provided in the press release for future quarters is crucial for assessing future performance.
6Understanding segment performance (e.g., HDDs, SSDs) is key to analyzing WDC's results.

WESTERN DIGITAL CORP 8-K Report, Financial Results (Oct 28, 2021)

Summary

Key Highlights

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