Sandisk posts another revenue jump and announces an eight-for-one stock split
Sandisk ($SNDK) generated fiscal first-quarter 2027 revenue of $11.0 billion, up 23% from the preceding quarter. GAAP net income was $8.1 billion, or $52.60 per diluted share, while adjusted EPS reached $49.51. The company attributed its performance to strong product demand, particularly in data centers, and returned $5.0 billion through share repurchases during the quarter. For fiscal second-quarter 2027, Sandisk expects revenue of $12.2–12.6 billion and adjusted EPS of $55–57. All these per-sh
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