Sandisk (SNDK) said Thursday it expects revenue to grow at a mid-to-high-teens rate from fiscal 2028 through fiscal 2030.
During that period, the company also expects non-GAAP gross margins to sustain at about 80% and non-GAAP operating margins at roughly 75%.
The company said it expects to return 100% of excess cash to shareholders after investing in the business.
Shares of Sandisk were up 13.5% in Thursday afternoon trading.
Price: 1525.59, Change: +181.30, Percent Change: +13.49
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