Western Digital Corp ( WDC ) stock is soaring after-hours following the company’s fiscal first-quarter results. Here’s what you need to know from the report.

WDC is testing upper boundaries. View the charts here.

Q1 Revenue: $2.82 billion, versus estimates of $2.73 billion

Q1 Adjusted EPS: $1.78, versus estimates of $1.58

Total revenue was up 27% on a year-over-year basis. Cash flow from operations totaled $672 million in the quarter, and free cash flow came in at $599 million.

“Western Digital continues to execute well in a strong demand environment driven by growth of data storage in the cloud,” said Irving Tan, CEO of Western Digital ( WDC ).

“As AI accelerates data creation, Western Digital’s continued innovation and operational discipline position us well to capture new opportunities and drive sustained shareholder value.”

Western Digital ( WDC ) ended the quarter with approximately $2.05 billion in cash and cash equivalents. The company’s board declared a cash dividend of $0.125 per share, payable on Dec. 18 to shareholders of record as of Dec. 4.

Outlook: Western Digital ( WDC ) expects fiscal second-quarter revenue to be in the range of $2.8 billion to $3 billion versus Benzinga Pro estimates of $2.82 billion. The company expects adjusted earnings to be between $1.73 and $2.03 per share in the second quarter versus estimates of $1.71 per share.

WDC Price Action: Western Digital ( WDC ) shares were up 9.68% in after-hours, trading at $151.50 at the time of publication on Thursday, according to Benzinga Pro.

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