Sandisk Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Issues Fiscal Q2 Guidance

04:15 PM EDT, 10/29/2026 (MT Newswires) -- Sandisk (SNDK) reported fiscal Q1 non-GAAP earnings late Thursday of $49.51 per diluted share, up from $1.22 a year earlier. Analysts polled by FactSet expected $46.67. Revenue for the quarter ended Oct. 2 was $11.03 billion, up from $2.31 billion a year earlier. Analysts expected $10.72 billion. For fiscal Q2, the company expects non-GAAP EPS of $55 to $57 on revenue of $12.20 billion to $12.60 billion. Analysts expect non-GAAP EPS of $53.60 on revenue of $12.31 billion.