04:34 PM EDT, 10/24/2024 (MT Newswires) -- Western Digital ( WDC ) reported late Thursday its fiscal Q1 swung to non-GAAP diluted earnings of $1.78 per share from a loss of $1.76 a year earlier.

Analysts polled by Capital IQ expected earnings of $1.71.

Revenue for the quarter ended Sept. 27 was $4.10 billion, up from $2.75 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.12 billion.

The company said it expects fiscal Q2 non-GAAP diluted earnings of $1.75 to $2.05 per share on revenue of $4.20 billion to $4.40 billion. Analysts surveyed by Capital IQ expect $1.92 and $4.34 billion, respectively.

Shares were up more than 7% in after-hours activity.

Price: 71.48, Change: +5.16, Percent Change: +7.78