Western Digital Corporation (WDC) Q3 2025 Earnings Conference Call Transcript

Western Digital Corporation (NASDAQ:WDC) Q3 2025 Earnings Conference Call April 30, 2025 8:30 AM ET

Company Participants

Ambrish Srivastava – VP and IR
Irving Tan – CEO
Don Bennett – Interim CFO

Conference Call Participants

Erik Woodring – Morgan Stanley
Aaron Rakers – Wells Fargo
Karl Ackerman – BNP Paribas
C.J. Muse – Cantor Fitzgerald
Wamsi Mohan – Bank of America
Asiya Merchant – Citigroup
Amit Daryanani – Evercore
Thomas O’Malley – Barclays
Steven Fox – Fox Advisors
Mark Miller – Benchmark Company
Harlan Sur – JPMorgan
Ananda Baruah – Loop Capital
Mehdi Hosseini – SIG
Tim Arcuri – UBS
Vijay Rakesh – Mizuho

Operator

Good afternoon, and thank you for standing by. Welcome to Western Digital’s Third Quarter Fiscal 2025 Conference Call. Presently, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. [Operator instructions] As a reminder, this call is being recorded.

Now, I will turn the call over to Mr. Ambrish Srivastava, Vice-President and Investor Relations. You may begin.

Ambrish Srivastava

Thank you, and good afternoon, everyone. Joining me today are Irving Tan, Chief Executive Officer; and Don Bennett, Interim Chief Financial Officer.

Before we begin, please note that today’s discussion will contains forward-looking statements, based on management’s current assumptions and expectations, which are subject to various risks and uncertainties. These forward-looking statements include expectations for our product portfolio, our business plans and performance, ongoing market trends and our future financial results. We assume no obligations to update these statements.

Please refer to our most recent financial report on Form 10-K and other filings with the SEC for more information on the risks and uncertainties that could cause actual results to differ materially from expectations. We will also make references to non-GAAP financial measures today. Reconciliations between the non-GAAP and comparable GAAP financial measures are included