Pinkspider
08-13

The CEO and CFO of Sandisk $SNDK are speaking today at an investor event day they are holding

They said over the next couple years they they expect to deliver

- Revenue growth rate: mid-to-high teens

- Non-GAAP gross margin: approximately 80%

- Non-GAAP operating margin: approximately 75%

- Adjusted free cash flow margin: approximately 50%

- Capital intensity (% of revenue): mid-single digits

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$SNDK stock is up by more than 16% so far today

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