Sandisk Corp (SNDK) reported better-than-expected financial results for the first quarter of fiscal 2026, showcasing a robust operational performance. The company achieved earnings per share (EPS) of $1.22, surpassing Wall Street's consensus estimate of $0.95 by $0.27. Additionally, revenue reached $2.3 billion, exceeding the anticipated $2.2 billion.
The company, headquartered in Milpitas, California, specializes in the development and provision of storage devices based on NAND flash technology. Its diverse portfolio includes solid state drives (SSDs), removable cards, and USB drives, serving multiple end markets including cloud, client, and consumer sectors.
Sandisk will host its earnings conference call to discuss these results and provide further insights into business performance. Investors may find it beneficial to review the full earnings release and listen to management's commentary for a comprehensive understanding of the quarter's achievements and future outlook.
Looking ahead, the company is set to report its next earnings on August 11, 2026, with analysts estimating an EPS of 1.8442 and revenue of $2.3 billion. This update provides insight into Sandisk Corp's financial health and operational strength, highlighting its ability to exceed expectations in a competitive market.