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SanDisk Announces 8-for-1 Stock Split and Records $11 billion in Q1 FY2027 Revenue

The Motley Fool +1 · ·by G4L

SNDK Sandisk Corp
$977.98 +13.72%
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  1. 1SanDisk announced an 8-for-1 stock split effective after the market close on November 19.
  2. 2SanDisk recorded $11 billion in revenue for the first quarter of fiscal year 2027.
  3. 3SanDisk achieved a 378% year-over-year revenue growth rate in the first quarter of fiscal year 2027.

So what's the key point?

SanDisk decided to split its stock into 8 shares and reached $11 billion in revenue. Revenue increased by 378% compared to last year, indicating the company is performing well.

Source The Motley Fool +1 · View original ↗

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