Western Digital Corporation provided earnings guidance for the third quarter and full year of 2018. For the quarter, the company expects revenue to be approximately $4.9 billion, consistent with a seasonally weaker fiscal third quarter; gross margin to be between 42% and 43%; operating expenses to be between $840 million and $850 million, which includes the annual payroll tax reset; interest and other expense to be between $180 million and $185 million; an effective tax rate in the 5% to 7% range. As a result, the company expects non-GAAP earnings per share between $3.20 and $3.30. For the year 2018, the company continues to see the opportunity to achieve revenue growth at the high end of long-term model of 4% to 8% for fiscal 2018. Based on current business outlook and capital structure, the company now expects non-GAAP earnings per share will be between $13.50 and $14. The company continues to expect revenue growth at the high end of long-term model. The company also expect that non-GAAP gross margin will be above the high end of long-term model range of 33% to 38% throughout the year.