14 DAY TRIAL // It's always the middle of a quarter when the full financial results are tallied for the previous one, and Western Digital has just published its own, and they are quite encouraging.
The company's revenue reached $3.8 billion / €2.75 billion in the July-September period, 2013, of which $514 million / €372 were the net income, or profit.
That was actually better than what Western Digital foretold at the middle of the year, especially given the $150 million / €109 million spent on buying back 2.3 million shares of common stock.
It's also only a bit below the $4 billion / €2.90 billion revenue of the same period of the previous year, and the profit of $519 million / €375 million.
Keep in mind that these are the results for the fiscal quarter ended on September 27, the first quarter of fiscal year 2014, not the calendar year. Although they almost coincide anyway, so no worries there.