Sands Corp. (SNDK – Analyst Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $1.05 and revenue of $1.543 billion.

Currently, SNDK has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Sandisk:   

1. Beat earnings estimates. The company posted $1.05, soaring past our Zacks Consensus Estimate of $0.73. 

2. Beat revenue estimates. The company saw revenue figures of $1.543 billion, surpassing our estimate of $1.439 billion.

3. Posted net income of $135 million and operating income of $218 million.

4. “I am pleased to report an excellent fourth quarter finish to 2015 driven by strong performance in enterprise and retail,” said Sanjay Mehrotra, president and chief executive officer, SanDisk. “We made substantial progress in the second half of 2015 in reinvigorating our portfolio, improving our product execution and expanding our customer engagements.” 

5. SNDK was up $0.78, or 1.22%, to $64.99 as of 5:10 PM ET in after hours trading shortly after its earnings report was released.

Here is a graph of Sandisk’s revenue totals over the past five quarters:

Sandisk Corporation (SNDK – Analyst Report) Actual & Estimate Revenue – Last 5 Quarters | FindTheCompany
 

Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. The company have designed flash memory storage solutions to address the storage requirements of emerging applications in the consumer electronics and industrial/communications markets. Its products are used in a number of rapidly growing consumer electronics applications, such as digital cameras, personal digital assistants, portable digital music players, digital video recorders and smart phones. Sandisk was founded in 1988 and is headquartered in Milpitas, California.

Print Friendly, PDF & Email