Sandisk Corp (SNDK) Tops Q1 EPS by 19c
Sandisk Corp (NASDAQ: SNDK) reported Q1 EPS of $1.44, $0.19 better than the analyst estimate of $1.25. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.49 billion.
“We delivered record first quarter results, driven by 61 percent growth in our SSD revenue and strong retail performance,” said Sanjay Mehrotra, president and chief executive officer of SanDisk. “We are excited by the momentum we are building in our business as we continue to execute on our growth initiatives.”
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