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SanDisk (SNDK) Shares Plunge 9% on Weak Q1 Forecast Despite Stellar Q4 Performance
['Trader Edge']
MoneyCheck
SANDISK $SNDK Q4 EARNINGS HIGHLIGHTS 🔹 Revenue: $8.97B (Est.
Forward Outlook Falls ShortLooking ahead to Q1, SanDisk provided revenue guidance ranging from $10.3 billion to $10.8 billion.
Fourth-quarter data center segment revenue totaled $2.98 billion, more than doubling from the previous quarter and exceeding projections of $2.74 billion.
Meanwhile, consumer segment revenue contracted 32% sequentially to $556 million.
For the complete fiscal year 2026, total revenue surged 175% year over year to $20.25 billion.