Western Digital (WDC) Q1 FY2027 Earnings Overview: Cloud Revenue Surges 54% as Pricing Fears Drive 2.97% Decline
Western Digital reported Q1 FY2027 revenue of $4.381 billion, above the $4.14 billion FactSet consensus, while its shares fell 2.97% in the completed reaction session. This earnings analysis examines Cloud hard-drive demand, a higher Q2 financial outlook, and whether industry capacity additions could constrain the pricing gains behind the margin expansion.