SAN FRANCISCO (MarketWatch) -- SanDisk Corp. /quotes/comstock/15*!sndk/quotes/nls/sndk (SNDK 39.03, +1.44, +3.83%) on Wednesday reported first-quarter net income of $234.7 million, or 99 cents a share, compared to a loss of $208 million, or 92 cents a share in the same period last year. The maker of flash memory technology said revenue for the period ended April 4 rose 65% to $1.1 billion. Excluding special items, SanDisk said earnings for the quarter were 95 cents a share. Analysts polled by Thomson Reuters had expected SanDisk to post first-quarter earnings excluding items of 59 cents a share, and $985.9 million in revenue.