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Western Digital has unveiled its most recent financial results, revealing a net revenue of $3.02 billion for the second fiscal quarter. This figure not only surpassed the anticipated $2.96 billion but also set a positive tone for the company's financial health. Moreover, the adjusted earnings per share for the upcoming third fiscal quarter were reported at $2.13, comfortably exceeding the market's forecasted $1.95. Looking ahead, Western Digital projects its revenue for the third fiscal quarter to range between $3.1 billion and $3.3 billion, accompanied by adjusted earnings per share estimates of $2.15 to $2.45. Both projections are set to outperform market expectations. Consequently, this robust performance and promising outlook prompted Western Digital's stock price to climb over 2% in after-hours trading.
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