WDC Expects Revenue Between $3.8 Billion and $4 Billion for 2FQ20

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Western Digital (WDC) to Report Q2 Earnings: What to Expect
For the quarter, Western Digital expects revenues in the range of $3.8-$4 billion. The Zacks Consensus Estimate for revenues is currently pegged at $4.21 billion, almost flat with the year-ago reported figure.
The HDD market is highly competitive and has been experiencing drastic pricing pressure thanks to supply/demand volatility, which is likely to have weighed on the company’s HDD ASP in the to-be reported quarter. Notably, the consensus mark for total unit shipments for the fiscal second quarter is pegged at 30.35 million at an ASP of $78.