Sandisk: Fiscal 3Q25 Financial Results

Sandisk: Fiscal 3Q25 Financial Results

News Summary Third quarter revenue was $1.70 billion, down 10% sequentially and above the guidance range. Third quarter GAAP loss was $1.93 billion ($13.33 loss per share), including a $1.83 billion goodwill impairment charge. Third quarter Non-GAAP loss per share was $0.30. Expect fiscal fourth quarter 2025 revenue to be in the range of $1.75 […] The post Sandisk: Fiscal 3Q25 Financial Results appeared first on StorageNewsletter.

Sandisk slides into loss after split from Western Digital – Blocks and Files

In its first reported results since being split off from Western Digital, Sandisk reported revenue and profit declines for its NAND and SSD business. Revenues in the quarter ended March 28 were $1.7 billion, down 0.6 percent year-on-year and 10 percent sequentially. Sandisk said its revenues were above the guidance range. After a $1.83 billion […]