SanDisk (SNDK) Tops Revenue Forecasts, Misses on EPS

SanDisk Corp. (SNDK) dropped $2.15 to $68.97 in after-hours trading after it reported fiscal-first quarter earnings. The flash-memory chip maker handed in non-GAAP earnings of $0.62 per share on revenue of $1.33 billion, missing Wall Street estimates of $0.70 per share on revenue of $1.31 billion. GAAP net income came in at $39 million, or […] View the full post at: SanDisk (SNDK) Tops Revenue Forecasts, Misses on EPS Related posts: JPMorgan Posts Better-than-Expected Results Google Reports Strong Profits Will Congress back down on stricter rules for Wall Street?