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SanDisk Reports Third Quarter 2014 Results

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SanDisk reported results for the third quarter ended September 28, 2014. Third quarter revenue of $1.75 billion increased 7 percent on a year-over-year basis and increased 7 percent sequentially for the flash storage behemoth. Demand for NAND flash continues to be strong across mobile, client and enterprise, says the company.

Net income for the third quarter net income was $263 million, or $1.09 per share, compared to net income of $277 million, or $1.18 per share, in the third quarter of fiscal 2013 and $274 million, or $1.14 per share, in the second quarter of fiscal 2014.

You can find the earning’s statement released by the company here.

[Image courtesy: Sandisk]

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