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SanDisk management said in a conference call for the first fiscal quarter of the 2027 fiscal quarter on Thursday EST that “about 60% of this quarter's revenue growth was due to increased sales, and 40% to price increases.” Based on strong order visibility, SanDisk expects revenue for the second fiscal quarter to be between $12.2 billion and $12.6 billion. At the same time, the company promised to return 100% of surplus cash to shareholders, and has already spent $5 billion on stock repurchases this fiscal season.
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SanDisk management said in a conference call for the first fiscal quarter of the 2027 fiscal quarter on Thursday EST that “about 60% of this quarter's revenue growth was due to increased sales, and 40% to price increases.” Based on strong order visibility, SanDisk expects revenue for the second fiscal quarter to be between $12.2 billion and $12.6 billion. At the same time, the company promised to return 100% of surplus cash to shareholders, and has already spent $5 billion on stock repurchases this fiscal season.
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