SanDisk Corp Ordinary Shares

SNDK: XNAS (USA)
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Sandisk Earnings: We Raise Our Short-Term Pricing Forecast and See Continuing Upcycle

Sandisk's June-quarter results beat guidance on the top and bottom lines. Revenue rose 8% year over year and 12% sequentially to $1.9 billion, while non-GAAP gross margin rose 370 basis points sequentially to 26.4%. Guidance calls for sequential sales growth and margin expansion.

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