Sandisk Corp. reported earnings of -$23 million in Q4, a decrease from $120 million in the same period last year. EPS also dropped to -$0.16 from $0.83. However, adjusted earnings were $42 million or $0.29 per share. Revenue saw an increase to $1.901 billion in Q4 compared to $1.760 billion in the same period last year. The company provided guidance for the next quarter with an EPS range of $0.70 – $0.90 and revenue range of $2.10 – $2.20 billion.

Read more at Nasdaq: Sandisk Corp. Q4 Earnings Summary