$SNDK reported fiscal Q1 earnings after the bell:
Non-GAAP EPS: expected $46.41, reported $49.51
Beat: +6.68%
Revenue: expected $10.70B, reported $11.03B
Beat: +3.09%
Highlights from the report:
• Datacenter revenue: $4.80B, up 61% sequentially
• Non-GAAP gross margin: 85.1%, vs. 84.6% in fiscal Q4
• Returned $5.0B through repurchase of approximately 3.2M shares
• Announced an 8-for-1 forward stock split; post-split trading expected to begin Nov. 20
• Fiscal Q2 guidance: revenue $12.2B-$12.6B
$SNDK reports earnings after the bell today:
Fiscal Q1 EPS: $46.41 est., up from $1.22 YoY
Fiscal Q1 Revenue: $10.70B est., up from $2.31B YoY
$SNDU offers 2X daily long exposure to $SNDK, from the T-REX Daily Target ETF lineup.
Fund details: