Western Digital Corp. (NASDAQ: WDC) posted its first-quarter fiscal 2027 results after Thursday's closing bell, beating Street estimates on the top and bottom lines.

Inside the Numbers

Western Digital reported quarterly earnings of $4.64 per share, which beat the consensus estimate of $4.07 by 14%, per market data.

Quarterly revenue clocked in at $4.38 billion, which beat the analyst consensus estimate of $4.13 billion and was up from $2.82 billion in the same period last year.

"Fiscal 2027 is off to a strong start, with results exceeding expectations, driven by robust customer demand and disciplined execution ... We are executing well through our technology transitions to meet the growing demand for storage," said Irving Tan, CEO of Western Digital.

Looking Ahead

Western Digital expects second-quarter adjusted EPS of $5.60-$6.00, versus the $4.79 analyst estimate, and revenue between $5 billion and $5.2 billion, versus the $4.57 billion estimate.

WDC Stock Price: According to market data, Western Digital stock was up 0.55% to $355.13 in Thursday's extended trading.