SanDisk warns of light Q1 sales
SAN FRANCISCO—Flash memory vendor SanDisk Corp. said Tuesday (April 3) that preliminary results indicate that the company will report first quarter sales of about $1.2 billion, below the company's forecast range for the quarter of between $1.3 billion and $1.35 billion.
SanDisk (Milpitas, Calif.) said its total gross margin is also expected to be below the previously guided range of 39 to 42 percent.
SanDisk is expected to report its first quarter results on April 19.
TAG:SanDisk Sales Warning Revenue Flash
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