24 April 2006– Sunnyvale (CA): SanDisk has reported a 38 per cent year-on-year increase in its Q1 revenue to $623.2 million, from $451 million last year.
The flash storage card supplier posted a net income of $35 million, down from $74.5 million in Q1 2005.
The results included the impact of the company’s acquisition of Matrix Semiconductor in January this year.