Kioxia, a major Japanese NAND flash memory maker and $SNDK's longtime manufacturing joint-venture partner, issued its Q3 (OctโDec) outlook:
๐น Revenue: $15.9B (Est. $18.6B) ๐ด; +1% QoQ
๐น Oper Profit: $12.7B (Est. $14.9B) ๐ด
๐น Net Profit: $8.6B (Est. $10.2B) ๐ด
๐น EPS: $5.41 (Est. $6.65) ๐ด
๐น 9M: Oper Profit $33.4B / Net Profit $22.6B
๐ธ Sees Q3 at about the Q2 level: data-center demand stays strong, but a stronger yen weighs (assumes ยฅ157/$ vs ยฅ161 in Q2)