Western Digital Files 8-K on Financial Results
Ticker: WDC · Form: 8-K · Filed: Jan 25, 2024 · CIK: 106040
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**WDC just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
Western Digital Corporation filed an 8-K on January 25, 2024, to report on its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this means new financial data is available, which could influence stock price movements based on whether the results meet or miss expectations.
Why It Matters
This filing signals that Western Digital is releasing new financial information, which is critical for investors to assess the company's performance and make informed decisions.
Risk Assessment
Risk Level: medium — The risk level is medium because the filing itself doesn't contain the results, but rather signals their release, which could lead to volatility depending on the actual financial performance.
Analyst Insight
A smart investor would look for the actual financial results that this 8-K is signaling, as those details will determine the true impact on Western Digital's stock price.
Key Players & Entities
- WESTERN DIGITAL CORPORATION (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- 001-08703 (string) — Commission File Number for Western Digital
- WDC (string) — trading symbol for Western Digital Common Stock
- The Nasdaq Stock Market LLC (Nasdaq Global Select Market) (string) — exchange where Western Digital Common Stock is registered
FAQ
What is the purpose of Western Digital Corporation's 8-K filing dated January 25, 2024?
The 8-K filing by Western Digital Corporation on January 25, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the 'ITEM INFORMATION' section of the filing.
What is the earliest event reported date in this 8-K filing?
The 'Date of Report (Date of earliest event reported)' for this 8-K filing is January 25, 2024.
Where is Western Digital Corporation incorporated?
Western Digital Corporation is incorporated in 'Delaware', as stated under 'State or Other Jurisdiction of Incorporation' in the filing.
What is the trading symbol and exchange for Western Digital Corporation's Common Stock?
The 'Trading Symbol(s)' for Western Digital Corporation's Common Stock is 'WDC', and it is registered on 'The Nasdaq Stock Market LLC (Nasdaq Global Select Market)'.
What is Western Digital Corporation's business address?
Western Digital Corporation's business address is '5601 Great Oaks Parkway, San Jose, California 95119', with a telephone number of '(408) 717-6000'.
Filing Stats: 551 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-01-25 16:10:13
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value Per Share WDC The Nasdaq Stoc
Filing Documents
- wdc-20240125.htm (8-K) — 33KB
- ex991-pressreleaseq224.htm (EX-99.1) — 449KB
- wdc-20240125_g1.gif (GRAPHIC) — 16KB
- wdcolorlogogif1.gif (GRAPHIC) — 16KB
- 0000106040-24-000003.txt ( ) — 699KB
- wdc-20240125.xsd (EX-101.SCH) — 2KB
- wdc-20240125_lab.xml (EX-101.LAB) — 24KB
- wdc-20240125_pre.xml (EX-101.PRE) — 12KB
- wdc-20240125_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 25, 2024, Western Digital Corporation (the "Company") announced financial results for the fiscal second quarter ended December 29, 2023. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99. 1 Press Release issued by Western Digital Corporation on January 25, 2024 announcing financial results for the fiscal sec ond quarter ended December 29, 2023. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Western Digital Corporation (Registrant) By: /s/ Cynthia Tregillis Cynthia Tregillis Senior Vice President, Chief Legal Officer and Secretary Date: January 25, 2024