Western Digital Corporation (WDC) saw its share prices surge by 11.23% last week following a strong earnings performance in the fourth quarter of fiscal year 2025. The company reported a net income of $243 million, a significant improvement from a net loss of $256 million in the same period last year. Revenues also grew by 30% to $2.6 billion year-on-year.

For the full fiscal year, WDC posted an attributable net income of $1.6 billion, reversing a net loss of $819 million in the previous year. Net revenues reached $9.5 billion, marking a 50.8% increase from the previous year. CEO Irving Tan praised the company’s performance in the fiscal fourth quarter.

Looking ahead to fiscal year 2026, WDC expects revenues to range between $2.6 billion to $2.8 billion with a gross margin between 41 and 42 percent. The company also declared a cash dividend of $0.10 per common share, payable to shareholders on September 18, 2025. While WDC shows promise as an investment, some AI stocks may offer higher returns with limited downside risk.

Read more at Yahoo Finance: Western Digital (WDC) Jumps 11.23% on Strong Earnings