Western Digital has completed the last quarter with a net profit of 681 million dollars and 7 billion dollars in the account
On the calendar of the Western Digital Sep 29, ended the first quarter of 2018 fiscal year. The manufacturer issued a report.
Western Digital revenue for the quarter amounted to 5.2 billion dollars. While operating profit was equal to 905 million dollars, and net profit of 681 million dollars.
For comparison: a year ago, income was equal to 4.7 billion dollars, and operating profit was $ 232 million at the end of the reporting period was a net loss of $ 366 million dollars.
The calculation methodology GAAP gives value operating profit of $ 1.4 billion, net profit — 1,1 billion dollars. A year ago the value of operating and net profit calculated not on GAAP, was equal to 736 and $ 448 million respectively.
As at the end of the quarter, the company Western Digital possessed the 7.0 billion dollars in cash and equivalents. A year ago this figure was equal to 4.1 billion dollars.