Western Digital Corp. (WDC) reported first quarter non-GAAP net income of $2.36 per share after the bell Monday, up from $1.10 per share last year. The consensus estimate was for EPS of $2.30. The stock is now up 1.42 on 97K shares.
Western Digital traded in a range for the majority of Monday's session and closed up by 0.40 at $35.28. The stock rebounded, following a 2-month pull back from the highs of the year.
For comments and feedback: editorial@rttnews.com