UPDATE: Sandisk Corp (SNDK) Boosts FY Margin Guidance
(Updated - April 16, 2014 5:38 PM EDT)
Sandisk Corp (NASDAQ: SNDK) gained post-market after updating margin guidance. Sandisk said it sees Q2 revenue of $1.55-$1.625 billion (consensus $1.58B). Q2 gross margin is seen at 47-49%. (consensus 47.5%)
Sandisk sees FY2014 revenue at $6.4-$6.8 billion (consensus $6.66B). Margin is seen at 47%-49%, up from 45%-48% (consensus 47.5%).