Technology

Western Digital (NASDAQ:WDC) Swings to Fiscal Q4 Loss, Revenue Drops

Western Digital (NASDAQ:WDC) reported a fiscal Q4 non-GAAP loss  of $1.98 per diluted share, compared with earnings of $1.78 per share a year earlier. Analysts polled by Capital IQ expected a loss of $2.02. Revenue for the quarter ended June 30 was $2.67 billion, down from $4.53 billion a year earlier. Analysts surveyed by Capital IQ expected $2.52 billion. The company said it expects a fiscal Q1 non-GAAP diluted loss between $2.10 and $1.80 and revenue between $2.55 billion and $2.75 billion. Analysts polled by Capital IQ expect a loss of $1.40 and revenue of $2.76 billion.

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Monolithic Power Systems (NASDAQ:MPWR) Q2 Non-GAAP Earnings, Revenue Fall

Monolithic Power Systems (NASDAQ:MPWR) reported Q2 non-GAAP diluted earnings  of $2.82, down from $3.25 a year earlier. Analysts surveyed by Capital IQ expected $2.81. Revenue for the quarter ended June 30 was $441.1 million, down from $461 million a year earlier. Analysts surveyed by Capital IQ expected $440.8 million. The company said it expects Q3 revenue of $464.0 million to $484.0 million. Analysts surveyed by Capital IQ expect $473.8 million.

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ON Semiconductor (NASDAQ:ON) Q2 Non-GAAP Earnings Drop, Revenue Flat; Sets Q3 Guidance

ON Semiconductor (NASDAQ:ON) reported Q2 non-GAAP earnings  of $1.33 per diluted share, down from $1.34 a year earlier. Analysts polled by Capital IQ expected $1.21. Revenue for the quarter ended June 30 was $2.09 billion, flat compared with a year earlier. Analysts surveyed by Capital IQ expected $2.02 billion. The company said it expects Q3 non-GAAP EPS of $1.27 to $1.41 on revenue of $2.1 billion to $2.2 billion. Analysts polled by Capital IQ are looking for $1.21 and $2.06 billion, respectively.

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