8-KEarnings & ResultsLeadership ChangesExhibits & Filings

WESTERN DIGITAL CORP 8-K Report, Financial Results (Jul 31, 2023)

Filed July 31, 2023For Securities:WDC

Summary

Western Digital Corporation (WDC) has filed an 8-K report on July 31, 2023, announcing its financial results for the fiscal fourth quarter and full year ended June 30, 2023. The report also disclosed the departure of Srinivasan Sivaram, President of Technology and Strategy. Investors should note that the financial results themselves are contained within an attached press release (Exhibit 99.1) and are furnished, not officially "filed" under certain sections of SEC rules, meaning they don't carry the same liability implications as formally filed information. While the 8-K itself doesn't provide the detailed financial figures, it directs investors to the press release for this information. The key takeaway from this filing is the official notification of both the Q4/FY23 financial results and a notable executive departure. Investors will need to refer to the referenced press release for a comprehensive understanding of the company's performance and any forward-looking statements or guidance.

Key Highlights

  • 1Western Digital announced its financial results for the fiscal fourth quarter and full year ended June 30, 2023.
  • 2Srinivasan Sivaram, President of Technology and Strategy, is departing the company.
  • 3The financial results are disclosed via a press release (Exhibit 99.1) attached to the 8-K.
  • 4Information furnished under Item 2.02 is not deemed "filed" for purposes of Section 18 of the Exchange Act.
  • 5The filing serves as an official notification of these significant events.
  • 6Investors are directed to the press release for detailed financial performance.

Frequently Asked Questions

This 8-K filing primarily announces Western Digital's financial results for the fiscal fourth quarter and full year ended June 30, 2023, and the departure of Srinivasan Sivaram, President of Technology and Strategy.

The detailed financial results are provided in the press release attached as Exhibit 99.1 to this 8-K filing. You will need to refer to that press release for specific figures, performance metrics, and any commentary on the results.

When information is furnished under Item 2.02 and explicitly stated as not being "filed" under Section 18 of the Exchange Act, it means the company is providing this information but is not subject to the same liabilities for misstatements or omissions in that specific context as it would be for formally filed information. It's a common disclosure practice for earnings releases.

The 8-K filing does not explicitly state a connection between Srinivasan Sivaram's departure and the financial results. It is reported as a separate event occurring on the same day as the financial announcement.