Western Digital Fiscal Q1 Adjusted Earnings, Revenue Rise; Q2 Guidance Set

04:07 PM EDT, 10/22/2026 (MT Newswires) -- Western Digital (WDC) reported fiscal Q1 adjusted earnings late Thursday of $4.64 per diluted share, up from $1.78 a year earlier. Analysts polled by FactSet expected $4.11. Revenue for the three months ended Oct. 2 was $4.38 billion, up from $2.82 billion a year earlier. Analysts expected $4.14 billion. For fiscal Q2, the company expects adjusted EPS of $5.80, plus or minus $0.20, on revenue of $5.1 billion, plus or minus $100 million. Analysts expect EPS of $4.84 on revenue of $4.57 billion. The company raised its quarterly dividend to $0.175 per share from $0.15 per share, payable Dec. 17 to stockholders of record Dec. 4.