Western Digital Sees One-Time GAAP-Only Charge From Separation Transaction During Periods Preceding Closing
Portfolio Pulse from Benzinga Newsdesk
Western Digital (WDC) anticipates a one-time GAAP-only charge due to a separation transaction during periods preceding closing.
October 30, 2023 | 12:30 pm
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Western Digital is expected to incur a one-time GAAP-only charge due to a separation transaction. This could potentially impact the company's financials in the short term.
The announcement of a one-time GAAP-only charge indicates a significant financial event for Western Digital. This could potentially lead to a negative impact on the company's financial performance in the short term, which may in turn affect the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100