SanDisk posts record fiscal year but cautious guidance cools stock
SanDisk reported a record fiscal year and beat quarterly estimates for the fourth straight report, but the stock declined after management issued conservative revenue guidance for Q1 FY2027. The company delivered FY2026 revenue of $20.25 billion and Q4 non-GAAP EPS of $39.25, while margins rose above 80% and data center demand surged. Investors now…