SanDisk (SNDK) guides on its earnings call (webcast) for Q1 revenue of $1.3B-$1.35B and 2012...

|By:, SA News Editor

SanDisk (SNDK) guides on its earnings call (webcast) for Q1 revenue of $1.3B-$1.35B and 2012 revenue of $6.2B-$6.6B; below a consensus of $1.46B and $6.65B. In addition, the flash memory giant forecasts a Q1 gross margin of 39%-42%, below a Q4 level of 42.9%, and forecasts 2012 capex $1.1B-$1.6B. Shares now -8.4% AH. (Q4 results)