SanDisk Corp. (NASDAQ:SNDK) shares are trending on Thursday.
Shares of the California-based technology company climbed 22.38% in Overnight trading on Thursday to $660.00 following second-quarter fiscal 2026 earnings results and a joint venture extension announcement.
SNDK closed the regular session at $539.30, up 2.21%, according to Benzinga Pro.
Revenue Climbs 31% Quarter-Over-Quarter
SanDisk reported second-quarter 2026 revenue rose to $3.03 billion, up 31% from $2.3 billion in the first quarter and up 61% from $1.87 billion in the year-earlier period.
According to the company, non-GAAP diluted earnings per share reached $6.20, compared with $1.22 in the prior quarter and $1.23 a year earlier.
Non-GAAP gross margin also expanded to 51.1%, up 21.2 percentage points from 29.9% in the first quarter of 2026.
Datacenter Segment Posts 76% Growth
David Goeckeler, CEO of …