SanDisk Corporation Reports Fiscal Q1 2027 Earnings Results

SanDisk reported fiscal Q1 2027 revenue of $11.03 billion, above the FactSet consensus estimate of $10.72 billion. Adjusted EPS was $49.51, beating expectations of $46.67. For fiscal Q2 2027, the company forecast adjusted EPS of $55 to $57. Its year-to-date stock performance has been supported by strong demand for enterprise SSDs and AI-related storage solutions.