Western Digital's third-quarter revenue increased by 30.9% year-on-year, with a dividend of 10 cents per share.

Data storage product manufacturer Western Digital Corporation released its performance for the third quarter, with revenue at $2.294 billion, a year-on-year growth of 30.9%, analysts had expected $2.38 billion; earnings per share were $1.45, exceeding analysts' expectations of $1.16. Western Digital has implemented a quarterly cash dividend plan, declaring a dividend of 10 cents per share. The company expects adjusted earnings per share for the fourth quarter to be between $1.25 and $1.65, with sales ranging from $2.3 billion to $2.6 billion, while analysts' expectations were $1.16 and $2.39 billion respectively.