Western Digital Q2 Earnings Beat, Revenues Up Y/Y on Solid HDD Growth
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Western Digital (WDC) reported strong fiscal Q2 2025 earnings, with revenues up year-over-year due to a significant 119% increase in its cloud business, despite challenges in the consumer segment.
January 30, 2025 | 3:15 pm
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Western Digital's fiscal Q2 2025 earnings exceeded expectations, driven by a 119% year-over-year growth in its cloud business, which helped offset weaknesses in the consumer segment.
The significant growth in the cloud business indicates strong demand and operational success, which is a positive indicator for WDC's future performance. This growth offsets the softness in the consumer segment, suggesting a net positive impact on the company's financial health and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100