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-0.0058343057176196 0.0344550758459744 0.0394399066511086 0.0316919486581098 0.0561960326721121 0.0441073512252043 0.0268378063010502 0.0483080513418904
Stock impact report

Sandisk Reports Fiscal First Quarter 2026 Financial Results

Sandisk Corporation (SNDK) 
Company Research Source: Business Wire
News SummaryFirst quarter revenue was $2.31 billion, up 21% sequentially and above the guidance range, with GAAP net income reported at $112 million ($0.75 diluted net income per share). First quarter Non-GAAP diluted net income per share was $1.22.Datacenter revenue was up 26% sequentially, with two hyperscalers in qualification, a third hyperscaler and top storage OEM planned for CY26, and engagement with five major hyperscale customers.BiCS8 technology accounted for 15% of total bits shipped; expected to reach majority of bit production exiting fiscal year 2026.Expect second quarter revenue to be in the range of $2.55 billion to $2.65 billion, with expected Non-GAAP diluted net income per share to be in the range of $3.00 to $3.40.  MILPITAS, Calif.--(BUSINESS WIRE)--Sandisk Corporation (Nasdaq: SNDK) today reported fiscal first quarter financial results.“Customers are turning to Sandisk for our leading technology and products, which are exceptionally well positioned at a time w Show less Read more
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