Western Digital (WDC): First quarter 2022 earnings released: EPS US$1.97 (vs US$0.20 loss in 1Q 2021)
alanyeo
KUCHING, 23 Dis -- TUTUP ... Penutupan operasi kilang pemacu cakera keras, Western Digital di Zon Perindustrian Bebas Samajaya, di sini menyebabkan lebih 1,500 pekerja hilang mata pencarian.
Pekerja di Western Digital itu merupakan sebahagian daripada 4,749 orang yang telah hilang dan akan hilang pekerjaan mereka akibat kelembapan ekonomi dunia baru-baru ini.
Angka itu juga merupakan jangkaan kerajaan berdasarkan kepada laporan daripada 102 majikan yang akan mengurangkan kos operasi mereka secara beransur-ansur dalam tempoh tiga bulan pertama tahun depan.
--fotoBERNAMA HAKCIPTA TERPELIHARA *** Local Caption *** Dark clouds loom: The fate of 1,500 workers is in limbo with the closure of the Western Digital plant in Kuching next March. ? Bernama
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RM3.87BIL INVESTMENT
Western Digital Corp is investing US$1.2bil (RM3.87bil) in Malaysia over the next five years
20100519 Nation Pg1 - Magean
The company reported a strong first quarter result with improved earnings, revenues and profit margins.First quarter 2022 results:
Revenue: US$5.05b (up 29% from 1Q 2021).
Net income: US$610.0m (up US$670.0m from 1Q 2021).
Profit margin: 12% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue.
Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price target decreased to US$75.42
Down from US$90.17, the current price target is an average from 17 analysts.
New target price is 44% above last closing price of US$52.29.
Stock is up 39% over the past year.
The company is forecast to post earnings per share of US$7.16 for next year compared to US$2.69 last year.
