(Updated - April 15, 2015 5:34 PM EDT)

Sandisk Corp. (NASDAQ: SNDK) sees Q2 revenue of $1.15-$1.22 billion vs consensus of 1.42 billion. It sees FY revenue of $5.4-$5.7 billion vs consensus of $6.15 billion. Client losses in SSD are seen hurting revenue.

Guidance Hot Guidance

Drexel Hamilton Downgrades SanDisk (SNDK) to SellApril 17, 2015 8:11 AM BTIG Downgrades SanDisk (SNDK) to SellApril 16, 2015 8:46 AM Susquehanna Downgrades SanDisk (SNDK) to NeutralApril 16, 2015 7:45 AM Raymond James Downgrades SanDisk (SNDK) to Market PerformApril 16, 2015 6:46 AM Deutsche Bank Downgrades SanDisk (SNDK) to HoldApril 16, 2015 6:44 AM Sandisk Corp. (SNDK) Misses Q1 EPS by 4cApril 15, 2015 4:06 PM SanDisk Announces First Quarter 2015 ResultsApril 15, 2015 4:05 PM