Sandisk (SNDK) Tops Q4 EPS by 37c
Get Alerts SNDK Hot Sheet
Financial Fact:
Provision for income taxes: 43.41M
Today's EPS Names:
NLY, CP, RUSHA, More
Join SI Premium – FREE
Sandisk (NASDAQ: SNDK) reported Q4 EPS of $1.26, $0.37 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.44 billion.
“I am pleased to report an excellent fourth quarter finish to 2015 driven by strong performance in enterprise and retail,” said Sanjay Mehrotra, president and chief executive officer, SanDisk. “We made substantial progress in the second half of 2015 in reinvigorating our portfolio, improving our product execution and expanding our customer engagements. We also achieved an important milestone in beginning our multi-year conversion to 3D NAND, with first retail product shipments and initial OEM customer sampling in the fourth quarter.”
For earnings history and earnings-related data on Sandisk (SNDK) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nanometrics (NANO) Issues Business Update, Reports FY23 Results
- Meritage Homes Corporation (MTH) Tops Q1 EPS by 151c; offers guidance
- First American Financial (FAF) Misses Q1 EPS by 19c
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!