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Sandisk Revenue Up 378% on Datacenter, Edge: Rapid Earnings Reaction
Source: fool.com
Company FundamentalsCapital Returns (Dividends / Buybacks)
Sandisk’s cost of revenue fell to about $0.15 per revenue dollar from about $0.70 a year earlier, indicating a substantial improvement in unit costs. The company repurchased $5.0 billion of shares this quarter, but its diluted share count remained about 3% above the year-ago level.
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