Micron Technology (MU) Q2 Revenue Misses Consensus, Offers Guidance

March 28, 2023 4:04 PM EDT
(Updated - March 28, 2023 4:06 PM EDT)

(Updated - March 28, 2023 4:06 PM EDT)

Micron Technology (NASDAQ: MU) reported Q2 EPS of ($1.91), may not compare to the analyst estimate of ($0.66). Revenue for the quarter came in at $3.69 billion versus the consensus estimate of $3.74 billion.

  • Inventory write-downs of $1.43 billion, impact of $1.34 per diluted share


Micron Technology sees Q3 2023 EPS of ($1.51)-($1.65), versus the consensus of ($0.90). Micron Technology sees Q3 2023 revenue of $3.5-3.9 billion, versus the consensus of $3.7 billion.

For earnings history and earnings-related data on Micron Technology (MU) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities