A read channel is configured to obtain an analog readback waveform from a magnetic recording medium of a disk drive at a sampling rate of one sample per one written bit. A buffer is coupled the read channel. Circuitry is configured to inject a plurality of different phase offsets into the read channel for each of a plurality of revolutions of the medium. The circuitry is also configured to store, in a buffer, an amplitude of the readback waveform for each of the different phase offsets. The circuitry is further configured to generate an oversampled readback waveform using the amplitudes stored in the buffer.