Micron Technology's (MU) Q2 Guidance Tops Views

Micron Technology (NASDAQ: MU) sees Q2 EPS of $0.58-$0.68 vs consensus of $0.46. Revenue is seen at $4.35B-$4.70B vs consensus of $4.13B.

FQ2 2017 Guidance NON-GAAP

• Revenue $4.35 – $4.70 billion
• Gross margin 31% – 34%
• Operating expenses $590 – $640 million
• Operating income $800 – $900 million
• Diluted EPS* $0.58 – $0.68

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