$Sandisk(SNDK.US) Q4 Earnings Highlights:
- Revenue surged 51% QoQ and 372% YoY, driven by stronger pricing and higher shipment volumes.- Datacenter revenue more than doubled sequentially to $2.98B and increased 437% for the full fiscal year.- Sandisk signed five additional New Business Model (NBM) agreements since the prior earnings report, bringing the total to ten.- Board approved an additional $14B share repurchase authorization, increasing the remaining buyback capacity to $15.5B."We closed fiscal 2026 with a leading technology portfolio, established datacenter as a key growth pillar, and deepened our customer partnerships.""Our technology and products are well positioned to create value for our customers and generate growing and durable free cash flow."The copyright of this article belongs to the original author/organization.
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