"What stands out most is the magnitude of the operational improvement. SanDisk swung from a $23 million net loss in the prior quarter to $112 million in net income. Operating cash flow surged to $488 million, a stark reversal from a $131 million outflow a year ago. Free cash flow reached $438 million. These aren't just cosmetic beats. They reflect genuine momentum in the business and tighter capital discipline."
"Cash on hand now sits at $1.44 billion, up 348% year over year, while total debt stands at $1.85 billion. That's the kind of balance sheet improvement that gives management room to invest or return capital. Both Datacenter and Edge segments expanded 26% sequentially, the real drivers of the beat. The company is shipping 15% of total bits using its BiCS8 technology, with expectations for that to dominate production by fiscal year end."
"Management noted five major hyperscale customers are now engaged. In the AI and cloud infrastructure race, that's the customer base you want. It's where the volume and pricing power converge. Guidance Raises the Bar Significantly For Q2, SanDisk guided to revenue of $2.55 billion to $2.65 billion and non-GAAP EPS of $3.00 to $3.40. That's a steep step up from this quarter and suggests management sees sustained momentum, not"
SanDisk posted $1.22 adjusted EPS versus a $1.02 consensus and $2.31 billion in revenue versus a $2.21 billion expectation. Net income rose to $112 million from a $23 million loss the prior quarter. Operating cash flow improved to $488 million and free cash flow reached $438 million. Cash on hand increased to $1.44 billion, up 348% year over year, with total debt at $1.85 billion. Datacenter and Edge segments each expanded 26% sequentially while consumer storage rose 11%. The company is shipping 15% of bits with BiCS8 and engaged five major hyperscale customers. Q2 guidance targets $2.55–$2.65 billion revenue and $3.00–$3.40 non-GAAP EPS.
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