Cloud Sales GrowthCloud sales represented 90% of total June quarter sales, up from 87% in the prior quarter.
Financial PerformanceDriven by continued strength in datacenter sales, Western Digital posted upside results for the June quarter and guided higher for the September quarter.
Shareholder ReturnsThe firm announced a quarterly dividend of $0.10/share, and Western Digital’s BOD has also approved a new $2 billion share buyback.