Sandisk Corp. Q1 Earnings Climb 25%

(RTTNews) - Sandisk Corp. (SNDK) announced a profit for its first quarter that climbed from last year.

The company said its bottom line came in at $167.29 million, or $0.82 per share. This was higher than $133.69 million, or $0.62 per share, in last year's first quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.0% to $1.37 billion. This was up from $1.33 billion last year.

Sandisk Corp. earnings at a glance:

-Earnings (Q1): $167.29 Mln. vs. $133.69 Mln. last year. -Earnings Growth (Y-o-Y): 25.1% -EPS (Q1): $0.82 vs. $0.62 last year. -EPS Growth (Y-o-Y): 32.3% -Analysts Estimate: $0.55 -Revenue (Q1): $1.37 Bln vs. $1.33 Bln last year. -Revenue Change (Y-o-Y): 3.0%