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Re: Zeev Hed post# 383426

Thursday, 04/21/2005 4:37:38 PM

Thursday, April 21, 2005 4:37:38 PM

Post# of 704019
SanDisk beats Q1 consensus by $0.07, gross margin above Street expectations (SNDK) 27.88 +0.91:Reports Q1 (Mar) earnings of $0.39 per share, $0.07 better than the Reuters Estimates consensus of $0.32; revenues rose 16.6% year/year to $451 mln vs the $469.2 mln consensus. Product revs rose 18% and royalty revenue grew 7% vs. yr ago. SNDK reports gross margin 44.3% vs 38.6% Street expectation. Co says shipments from 90-nanometer chips rose to more than 80% of Q1's captive supply, as yields exeed expectations
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