Friday, May 27, 2016
Western Digital Bumps Guidance
Irvine-based Western Digital has bumped its guidance for its fourth, fiscal quarter, saying it now expects fourth quarter revenues of between $3.35 billion to $3.45 billion, up from an earlier forecast of $2.6 billion to $2.7 billion. The upped guidance comes due to the company's acquisition of San Disk. Western Digital closed its $19 billion acquisition of SanDisk earlier this month.