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SanDisk (SNDK) Stock Drops 9% as Guidance Disappoints Despite Record Q4 Results

By Trader Edge at 2026-08-06 10:57

Sentiment: Negative

TLDR SanDisk stock dropped over 9% in premarket trading despite beating Q4 earnings and revenue estimates Q4 revenue hit $8.97 billion, up 372% year over year, with EPS of $39.25 vs $34.96 expected Q1 revenue guidance of $10.3B to $10.8B came in below analyst estimates of $10.82B Gross margin guidance of 83%-85% also disappointed vs [...] The post SanDisk (SNDK) Stock Drops 9% as Guidance Disappoints Despite Record Q4 Results appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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