2 hours ago
Sandisk Corporation (SNDK) Stock: Slides Despite 372% Q4 Revenue Surge and $14 Billion Buyback
TLDR Sandisk shares slide after hours despite Q4 revenue jumping 372% to $8.97 billion. Q4 net income reaches $6.90 billion as stronger pricing and volumes fuel growth. Datacenter revenue surges 437% in fiscal 2026 as higher-value demand rises. Sandisk expands its buyback authorization by $14 billion to support shares. Q1 2027 revenue guidance reaches $10.8 [...]
The post Sandisk Corporation (SNDK) Stock: Slides Despite 372% Q4 Revenue Surge and $14 Billion Buyback appeared first on Blockonomi.
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