WDC - Public offerings

News Summary Second quarter revenue was $4.83 billion, up 23% year-over-year (YoY). Cloud revenue increased by 89%, Client revenue declined by 1%, and Consumer revenue remained flat YoY. Second quarter GAAP earnings per share (EPS) was $1.79 and non-GAAP EPS was $2.30. Non-GAAP EPS included $70 million in COVID-related expenses. Generated operating cash flow of $666 million and free cash flow of $407 million. Completed debt refinancing transaction and reduced gross debt balance to $7.40 billion. Expect fiscal third quarter 2022 revenue to be in the range of $4.45 billion to $4.65 billion with non-GAAP EPS in the range of $1.50 to $1.80. Western Digital Corp. (NASDAQ:WDC) today r

Western Digital Corporation (NASDAQ:WDC) ("Western Digital" or the "Company") today announced the closing of its underwritten public offering of (i) $500,000,000 aggregate principal amount of 2.850% senior unsecured notes due 2029 and (ii) $500,000,000 aggregate principal amount of 3.100% senior unsecured notes due 2032. The net proceeds of the offering were approximately $988 million, after deducting underwriting discounts and commissions and other estimated offering expenses. Western Digital intends to use the net proceeds of the offering, together with available cash on hand, to refinance existing indebtedness and to pay fees and expenses in connection with the offering. On December 3,

SAN FRANCISCO, April 07, 2021 (GLOBE NEWSWIRE) -- Amplitude, the operating system for digital business, today announced the appointment of two accomplished leaders to crucial growth and culture roles. Julie Currie, former vice president of human resources at Western Digital (Nasdaq: WDC), joins as Amplitude’s first Chief People Officer, and Elizabeth Fisher, former vice president, deputy general counsel at Postmates joins as the company’s first General Counsel. These appointments represent milestone investments in the company’s people, culture and growth strategies, as Amplitude continues to build on momentum following a year of record growth in 2020. Currie is an accomplished HR executi