0434 GMT - SanDisk expects revenue to grow at a mid-to-high teens annual rate through fiscal 2030, according to targets unveiled at its investor day this week. The memory-chip maker outlines an ambitious long-term financial plan, forecasting average gross margins of around 80% and operating margins near 75% between fiscal 2028 and 2030. Adjusted free-cash-flow margin is projected at roughly 50%, while capital spending is expected to remain at a mid-single-digit percentage of revenue. SanDisk says it plans to prioritize more reliable, high-volume business while focusing on strategic customers that value its products.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments