11 hours ago

SanDisk (SNDK) Stock Faces a Major Test After Earnings

TLDR SanDisk stock faces a major test as revenue and earnings estimates exceed the company’s original guidance. Visible Alpha expects fiscal fourth-quarter revenue of $8.71 billion and adjusted EPS of $35.45. Data-centre revenue rose 233% sequentially to $1.47 billion in the previous quarter. Investors will focus on NAND prices, enterprise SSD demand, gross margins, and [...]

The post SanDisk (SNDK) Stock Faces a Major Test After Earnings appeared first on Blockonomi.

Source: Blockonomi →