SanDisk projects second-quarter revenue of $12.2 billion to $12.6 billion, compared to market expectations of $12.1 billion. According to Jinse Finance, on October 30th, SanDisk projected second-quarter revenue of $12.2 billion to $12.6 billion, slightly below its initial estimate of $12.1 billion; adjusted gross margin is projected at 84.5% to 85.5%, slightly below its initial estimate of 84.8%; adjusted earnings per share are projected at $55 to $57, slightly below its initial estimate of $52.72; and adjusted operating expenses are projected at $540 million to $560 million. SanDisk's first-quarter results showed revenue of $11.03 billion, slightly below its initial estimate of $10.69 billion; data center revenue of $4.8 billion; edge business revenue of $5.83 billion; consumer business revenue of $397 million; adjusted earnings per share of $49.51, slightly below its initial estimate of $46.36; earnings per share of $52.60; cash and cash equivalents of $5.14 billion, slightly below its initial estimate of $9.39 billion; free cash flow of $6.31 billion; and adjusted gross margin of 85.1%, slightly below its initial estimate of 84.5%.