Western Digital Corp. (WDC) reported net income for the third quarter of $391 million or $1.60 per share, compared to $483 million, or $1.96 per share for the year-ago quarter.
Excluding items, adjusted net income for the third quarter was $514 million or $2.10 per share, compared to $619 million or $2.52 per share in the prior year quarter.
Revenue for the third quarter rose to $3.76 billion from $3.04 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $1.77 per share on revenue of $3.61 billion for the third quarter. Analysts' estimates typically exclude special items.
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