SanDisk (SNDK) Cuts Q1 Sales Guidance, Cites Weaker Pricing, Demand
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Price: $1,600.62 +2.02%
Financial Fact:
Cost of product revenues: 794.14M
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Cost of product revenues: 794.14M
Today's EPS Names:
EDXC, BICX, FBPI, More
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SanDisk (Nasdaq: SNDK) lowers its Q1 sales outlook from $1.3-$1.35 billion previously to about $1.2 billion, which compares to the Street estimate of $1.34 billion. Sees total gross margin below its previously-issued 39-42 percent range.
The company cited weaker pricing and demand.
The company cited weaker pricing and demand.
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