San Disk forecasts first-quarter revenue below analyst expectations
SanDisk reported adjusted fourth-quarter earnings per share of $39.25, compared with analysts’ expectations of $34.37. Fourth-quarter revenue was $8.97 billion, up 51%. Revenue for fiscal 2026 was $20.25 billion, an increase of 175% from the prior year. The company’s board approved a $14 billion share-repurchase program. SanDisk expects first-quarter revenue of $10.3 billion to $10.8 billion, below analysts’ expectations of $11.16 billion. The company expects first-quarter adjusted EPS of $44 to $46, compared with analysts’ expectations of $45.58. SanDisk shares fell 8% in after-hours trading.
SanDisk reported adjusted fourth-quarter earnings per share of $39.25, compared with analysts’ expectations of $34.37.
Fourth-quarter revenue was $8.97 billion, up 51%. Revenue for fiscal 2026 was $20.25 billion, an increase of 175% from the prior year.
The company’s board approved a $14 billion share-repurchase program.
SanDisk expects first-quarter revenue of $10.3 billion to $10.8 billion, below analysts’ expectations of $11.16 billion. The company expects first-quarter adjusted EPS of $44 to $46, compared with analysts’ expectations of $45.58.
SanDisk shares fell 8% in after-hours trading.
Fourth-quarter revenue was $8.97 billion, up 51%. Revenue for fiscal 2026 was $20.25 billion, an increase of 175% from the prior year.
The company’s board approved a $14 billion share-repurchase program.
SanDisk expects first-quarter revenue of $10.3 billion to $10.8 billion, below analysts’ expectations of $11.16 billion. The company expects first-quarter adjusted EPS of $44 to $46, compared with analysts’ expectations of $45.58.
SanDisk shares fell 8% in after-hours trading.