They submitted the notice to SEC about unable to file all or part of the result in timely matter. It is on investor.WDC.com. However, how come it is not in news and no effect to the stock price?
They need to figure out the $100M gap.
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will CFO keep their job?
Need more time to cook the books.
figure out the gap, then let's see if they decide more cuts are necessary
Kioxia reports operating loss of $434.70 million
Reuters did report it , WDC dipped $58 to $56.
not really a newsworthy event until an outcome is known, but the stock dipped yesterday