SNDK Reports

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 24, 2006--SanDisk Corporation (NASDAQ:SNDK - News):

• Revenues of $719 million, up 40% year-over-year
• GAAP EPS $0.47; Non-GAAP EPS $0.58

SanDisk® Corporation (NASDAQ:SNDK - News), the world's largest supplier of flash storage card products, today announced results for the second quarter ended July 2, 2006. Total second quarter revenues increased 40% on a year-over-year basis to $719 million. Second quarter net income as reported in accordance with U.S. Generally Accepted Accounting Principles (GAAP) was $96 million, or $0.47 per diluted share.