SanDisk (SNDK) Remains Neutral Rated at Goldman Sachs Despite Strong Q1 Report
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April 16, 2014 5:24 PM EDT
(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... More
April 16, 2014 4:10 PM EDT
Sandisk Corp (NASDAQ: SNDK) declared a quarterly dividend of $0.225 per share, or $0.9 annualized.
The dividend will be payable on May 27, 2014, to stockholders of record on May 5, 2014, with an ex-dividend date of May 1, 2014.
The annual yield on the dividend is 1.2 percent.
For... More
April 16, 2014 4:09 PM EDT
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... More
