Western Digital Q2 2023 Earnings Results January 31

Western Digital reports fiscal Q2 2023 financial results as of December 30, 2022, with revenue of $3.1B and non-GAAP EPS of $(0.42). The company highlights progress in flash storage with BiCS5 representing 70% of flash revenue and the start of BiCS8 productization, alongside successful qualification and ramp of 22-terabyte CMR hard drives. Strategic actions focus on positioning the business for long-term success through product innovation and cost structure optimization.