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CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Sandisk Beats Forecasts and Lifts Guidance
Sandisk beat Yahoo Finance consensus on revenue and adjusted earnings and guided next quarter above forecasts. Its shares had already fallen 5.3% before the results and were about 0.5% lower after the close.
Sandisk (NASDAQ: SNDK) beat Yahoo Finance consensus on revenue and non-GAAP earnings per share for the quarter to the 2nd of October. Revenue of $11.031bn compared with $10.70bn expected, 3.1% ahead. Non-GAAP EPS, which excludes certain items, was $49.51 against $46.41, 6.7% ahead.
The results came after the US close, so they do not explain the day’s trading. Sandisk shares fell 5.3% to $1,330.05 in the regular session today, before the release, and were about 0.5% lower after hours.
SNDK.US
Data centre revenue drove the quarter. It rose 61% from the previous quarter to $4.802bn, against $269m a year earlier. Total revenue was up 23% on the previous quarter and 378% on the $2.308bn of a year ago, while non-GAAP gross margin widened to 85.1% from 84.6%.
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Sandisk quarterly revenue in $bn; the chart skips two quarters between the first quarter of fiscal 2026 and the fourth, and the guidance bar is the midpoint of the $12.2bn to $12.6bn range.
Edge revenue was $5.832bn, up 7% on the quarter, while consumer fell 29% to $397m. David Goeckeler, Chairman and CEO, framed the quarter around data centre demand.
We have started fiscal year 2027 with another quarter of strong performance, with robust and growing demand for our products driving outpaced growth in our data center business
David Goeckeler, Chairman and CEO, Sandisk
Guidance also beat. Sandisk expects revenue of $12.2bn to $12.6bn next quarter, a $12.4bn midpoint against Yahoo Finance consensus of $12.29bn, and non-GAAP EPS of $55.00 to $57.00, midpoint $56.00 against $53.35. It guided non-GAAP gross margin of 84.5% to 85.5%.
Reported GAAP figures are higher still, with net income of $8.101bn and EPS of $52.60, but that includes a $513m gain on equity securities. Sandisk also said it returned $5.0bn to shareholders in the quarter by repurchasing about 3.2m shares. The results are unaudited.
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The per-share figures are before an 8-for-1 stock split. Holders on the record date, the 9th of November, receive the new shares after the close on the 19th of November, and split-adjusted trading starts at the open on the 20th of November. At today’s close, $1,330.05 would become about $166.26 a share, which changes the price per share but not the value of a holding.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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