SanDisk Announces Q2 FY2027 Revenue Guidance and 8-for-1 Stock Split
SanDisk (SNDK) reported a strong start to fiscal year 2027, with management noting that first-quarter results exceeded previous guidance. The company's leadership expressed confidence in its ability to create shareholder value through robust performance and strategic roadmaps. Looking ahead to the second quarter of FY2027, SanDisk has provided revenue guidance in the range of $12.2 billion to $12.6 billion. Additionally, the board of directors has approved an 8-for-1 stock split, a move typically intended to increase liquidity and make shares more accessible to individual investors.
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