WDC is going to buy it for about $17 billion! Worth it????
30% yes, 70% no. But it will very likely to increase the eps of WDC
- Q4 and 2015 earning release
Fourth quarter revenue of $1.54 billion decreased 11 percent on a year-over-year basis and increased 6 percent sequentially.
-Annual revenue for 2015 was $5.56 billion, a decrease of 16 percent from 2014.
fourth quarter net income was $135 million, or $0.65 per share, compared to net income of $202 million, or $0.86 per share, in the fourth quarter of 2014 and net income of $133 million, or $0.65 per share, in the third quarter of 2015.
-Annual net income for 2015 was $388 million, or $1.82 per share, compared to $1.01 billion, or $4.23 per share, in 2014.