Western Digital's latest financial report shows that revenue in the second quarter of 2024 is US$3.032 billion, and NAND gross profit margin turns positive to 7.9%
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2024-12-26 02:22
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Western Digital's latest financial report shows that in the second fiscal quarter of 2024 (ending December 29, 2023), revenue was US$3.032 billion, a 10% increase from the previous quarter and a 2% decrease from the previous year; net loss was US$210 million, and net profit margin was -6.9%. The main reason was the impact of structural adjustments in flash memory and HDD businesses. It is worth noting that Western Digital's NAND gross profit margin turned positive to 7.9% in the quarter.
