Sandisk Corp. (SNDK) revealed earnings for its second quarter that Increases, from the same period last year
The company's earnings came in at $803 million, or $5.15 per share. This compares with $104 million, or $0.72 per share, last year.
Excluding items, Sandisk Corp. reported adjusted earnings of $967 million or $6.20 per share for the period.
The company's revenue for the period rose 61.5% to $3.02 billion from $1.87 billion last year.
Sandisk Corp. earnings at a glance (GAAP) :
-Earnings: $803 Mln. vs. $104 Mln. last year.-EPS: $5.15 vs. $0.72 last year.-Revenue: $3.02 Bln vs. $1.87 Bln last year.
-Guidance:Next quarter EPS guidance: $ 12.00 To $ 14.00Next quarter revenue guidance: $ 4.400 B To $ 4.800 B
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.