topped the analysts' view of 69 ¢ per share. Its stock rocketed 12.19% to $533.40 in pre-market trade. Shares of SanDisk dived 7.28% to $65.94 ahead of the opening bell, after the maker of flash memory solutions posted a sharp fall in
* Shares fall as much as 6 pct in extended trading (Adds forecast, analyst comments, estimates, updates shares)
SanDisk reported first-quarter revenue of $1 ..... respectively, quarter-over-quarter. SanDisk cited softer than expected pricing conditions ..... trend to reverse until later this year when SanDisk is projected to offer SSDs with two terabytes
April 15 (Reuters) - Memory chipmaker SanDisk Corp reported a fall in quarterly revenue, its first in two years, hurt by lower pricing, lean inventory and weaker-than-expected sales of storage products used in data centers.
overweight' from 'neutral' amid enhanced focus of the brand to ''casualization'' of its fashion. Netflix and SanDisk are due to report their results after the closing bell.
SanDisk lowered its guidance for first-quarter ..... leader in the NAND flash memory market, SanDisk ’s performance sheds light on the other ..... fair value estimate of $53 per share. SanDisk cited lower-than-expected sales and
Fourth-quarter revenue for SanDisk , at $1.7 billion, was consistent ..... memory market is highly cyclical and SanDisk has been executing at a high level ..... assume that the current scenario SanDisk is facing turns out to be simply
Jan 12 (Reuters) - SanDisk Corp said it expects fourth-quarter revenue to be lower than its forecast, citing weaker-than-expected sales of retail products and flash memory storage chips.
SanDisk issued a short press release before the ..... derived $53 per share fair value estimate. SanDisk has been executing at a high level for several ..... trading on Jan. 12, we still view shares of SanDisk as fundamentally overvalued and would seek
SanDisk reported third-quarter results that showed ..... 63 billion in the year-ago quarter. SanDisk continued to benefit from solid demand for ..... flash memory market, which has allowed SanDisk and its peers to generate solid profitability