Sandiskreported earnings on Wednesday that blew past Wall Street expectations, sending shares higher.
The flash memory chip provider earned 36 cents in its second quarter on sales of $730.6 million, compared with a loss of 10 cents a share on sales of $816 million in the same period last year.
Analysts who follow Sandisk expected the company to turn in a loss of 16 cents a share on sales of $710 million, according to a consensus from Thomson Reuters.
Sandisk shares , which closed Wednesday at $18.99, rose in extended trading.
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