Micron Technology (MU) Guides Q1 Above Expectations

October 4, 2016 4:12 PM EDT

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Micron Technology (Nasdaq: MU) sees Q117 revenue of $3.55 - $3.85 billion, gross margin of 23% - 25.5%, and EPS of $0.13 - $0.21.

The Street sees Q1 revenue of $3.48 billion and EPS of $0.12.

The company saw accelerating revenue growth with moderating pricing.

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