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Chronicles

The story behind the story

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Sandisk reports Q3 revenue up 251% YoY to $5.95B, vs. $4.72B est., $3.62B net income, $820M in consumer revenue, below est., and forecasts Q4 revenue above est.

The company says it's transitioning to a business model of ‘multiyear customer engagements’  —  Referenced Symbols

MarketWatch Britney Nguyen

Discussion

  • @zerohedge @zerohedge on x
    SNDK: SanDisk sees Q4 EPS $30.00-$33.00, consensus $23.18 *SANDISK FALLS 8% AFTER POSTING 3Q RESULTS
  • @stocksavvyshay Shay Boloor on x
    $SNDK made more profit in one quarter than it made across the prior three years combined. Agentic AI is driving demand for NAND-backed storage across inference workloads, with SanDisk's high-capacity enterprise SSDs positioned as a key part of the stack. [image]
  • @bubbleboi Bubble Boi on x
    Sandisk just reported revenue quarter over quarter up 97% and year over year up 251% lmaooo.
  • @bubbleboi Bubble Boi on x
    9.53 Sandisk Forward P/E despite these insane earnings. I might full port tomorrow.
  • @wallstengine @wallstengine on x
    Sandisk gross margin is now higher than Nvidia's. $SNDK GM: 78.4% $NVDA GM: 75%
  • @dudewhoinvests @dudewhoinvests on x
    SanDisk $SNDK CRUSHED earnings and the stock is getting crushed after-hours. Just goes to show how sky high the expectations were for this name. [image]
  • @futurenvesting Tannor Manson on x
    SanDisk $SNDK CEO on signing extremely significant long-term memory commitments from data center customers: “We have customers putting up billions of dollars in collateral through various financial instruments that will survive for the life of these contracts. If they don't meet …