Micron Technology (MU) Tops Q1 EPS by 1c, Q2 Guidance Falls Short

Micron Technology (NASDAQ: MU) reported Q1 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $3.35 billion versus the consensus estimate of $3.46 billion.

GUIDANCE:

Micron Technology sees Q2 2016 EPS of ($0.05)-)($0.12) vs the consensus of $0.22. Revenue is seen $2.9-3.2 billion, versus the consensus of $3.48 billion.

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

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