US stocks surge | Q2 earnings exceed expectations, Western Digital (WDC.US) up over 7%

date
02/08/2025
According to the Securities Times app, on Thursday, Western Digital (WDC.US) rose over 7%, approaching its historical high of $76.72. In terms of news, the company announced its second quarter financial report for 2025, with Q2 sales increasing by 30% year-on-year to $26.1 billion, exceeding Wall Street's expectations by about 5%. Non-GAAP earnings per share were $1.66, 12.1% higher than the analysts' consensus of $1.48. In addition, the company's adjusted operating profit for Q2 was $7.32 billion, higher than the analysts' expected $6.675 billion, with a profit margin of 28.1%, exceeding expectations by 9.7%. Free cash flow profit margin was 25.9%, higher than the same period last year at 12.5%.