Western Digital?s Q4 2012 Earnings Beat Forecast: $4.8B in Revenue, Earnings of $2.87 Per Share, 71M Drives Shipped

Western Digital just reported its earnings for its fourth financial quarter of 2012. The company reported revenue of 4.8$ billions and earnings per share of $2.87. On a non-GAAP basis, net income was $872 million, or $3.35 per share.?That's far better than what most analysts expected and also better than the company's own guidance of $4.2 billion to $4.4 billion in revenue. The consensus was that Western Digital would report revenue around $4.25 billion and earnings of $2.47 per share. In the year-ago-quarter, the company reported earnings of $0.67 per share.

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