Sandisk Revenue Up 378% on Datacenter, Edge: Rapid Earnings Reaction

Sandisk Posts Strong Profit, Upbeat Outlook on Growing AI Demand

Sandisk Corp. posted stronger-than-expected results and guidance as the data center buildout drove demand and a memory supply crunch kept prices elevated.

Sandisk Revenue Up 378% on Datacenter, Edge: Rapid Earnings Reaction

Sandisk’s costs barely moved from a year ago while its revenue nearly quintupled, but its cash flow is growing more slowly than its sales.

Sandisk sees revenue nearly quintuple — and its stock is heading higher

Sandisk’s earnings show that the company is growing quite profitably.

Sandisk Corporation (SNDK) Stock: Data Center Revenue Jumps 61% as Company Unveils 8-for-1 Split

TLDR Sandisk stock rebounds 2.87% after hours as data center revenue jumps 61%. Sandisk posts $11.03 billion in revenue as quarterly earnings surge 378% year over year. Sandisk announces an 8-for-1 stock split as shares recover after market close. Sandisk forecasts Q2 revenue of up to $12.6 billion after strong quarterly growth. Sandisk repurchases $5 [...]