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SanDisk reports Q3 EPS $23.41, consensus $14.66

Reports Q3 revenue $5.95B, consensus $4.73B. “This quarter marks a fundamental inflection point for Sandisk (SNDK) – where our technology leadership is enabling a deliberate shift in our mix toward the highest-value end markets, led by Datacenter,” said David Goeckeler, CEO of Sandisk. “We are also advancing to a new business model built on multi-year customer engagements backed by firm financial commitments. Together, this transformation is driving structurally higher and more durable earnings power,” continued Mr. Goeckeler. “With a zero-debt balance sheet, strong cash generation, and a recently authorized share repurchase program, we are positioned to deliver substantial long-term value creation for our shareholders.”

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