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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Franklin Resources (NYSE:BEN) Fiscal Q3 Adjusted Earnings, Operating Revenue Fall

Franklin Resources (NYSE:BEN) reported fiscal Q3 adjusted earnings  of $0.63 per diluted share, down from $0.82 a year earlier. Analysts polled by Capital IQ expected $0.60. Operating revenue for the quarter ended June 30 was $1.97 billion, compared with $2.03 billion a year earlier. Three analysts surveyed by Capital IQ expected $1.91 billion.

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