Data storage products maker SanDisk Corp's (SNDK.O) quarterly revenue rose 2.5 percent, reversing a decline of four quarters, helped by strong sales of chips used in solid state drives and USB flash drives.
The company's net income rose to $78.4 million, or 37 cents per share, in the first quarter ended April 3 from $39 million, or 17 cents per share, a year earlier.
Total revenue for SanDisk, which is being bought by Western Digital Corp (WDC.O), rose to $1.37 billion from $1.33 billion.
(Reporting by Kshitiz Goliya in Bengaluru; Editing by Kirti Pandey; Editing by Kirti Pandey)
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Published Date: Apr 28, 2016 02:30 am | Updated Date: Apr 28, 2016 02:30 am