04:39 PM EST, 11/06/2025 (MT Newswires) -- Sandisk ( SNDK ) reported fiscal Q1 non-GAAP net income late Thursday of $1.22 per diluted share, down from $1.81 a year earlier.

Analysts polled by FactSet expected $0.88.

Revenue in the three months ended Oct. 3 rose to $2.31 billion from $1.88 billion a year earlier.

Analysts surveyed by FactSet expected $2.15 billion.

The company expects fiscal Q2 non-GAAP EPS of $3.00 to $3.40 on revenue of $2.55 billion to $2.65 billion. Analysts polled by FactSet expect EPS of $1.82 on revenue of $2.36 billion.

Shares of Sandisk ( SNDK ) were up more than 10% in after-hours activity.