SanDisk Announces Third Quarter 2015 Results

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Jefferies Reiterates Buy on Western Digital (WDC) on Possible Merger with Sandisk (SNDK)

October 21, 2015 8:43 AM EDT

Jefferies reiterated a Buy rating on Western Digital Corp. (NASDAQ: WDC), and cut the price target to $111.00 (from $116.00), ahead of possible merger with Sandisk (NASDAQ: SNDK). Bloomberg has reported that WDC may acquire SNDK for... More

Sandisk (SNDK) Tops Q3 EPS Views

October 21, 2015 7:36 AM EDT

Sandisk (NASDAQ: SNDK) reported Q3 EPS of $1.09, $0.29 better than the analyst estimate of $0.80. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.4 billion.

SanDisk completed several important product qualifications in embedded and SSD solutions in the third quarter, contributing to... More