SanDisk CEO Unhappy With Q4 Execution

By | January 22, 2015

Scalper1 News

SanDisk (SNDK) gave weaker-than-expected Q1 guidance after Q4 execution “disappointed” the company CEO and analysts said that it might have lost Apple as a customer. SanDisk stock fell Thursday after it posted Q4 earnings late Wednesday that beat lowered expectations. The Milpitas, Calif.-based flash-memory chipmaker also announced a $2.5 billion increase in its share repurchase program and a Q1 dividend of 30 cents per share payable on March 23. Scalper1 News

Scalper1 News