Form 8-K MICRON TECHNOLOGY INC For: Dec 21

Go back to Form 8-K MICRON TECHNOLOGY INC For: Dec 21

Micron Technology's (MU) Q2 Guidance Tops Views

December 21, 2016 4:10 PM EST

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 billionGross margin 31% 34%Operating expenses $590 $640 millionOperating income $800 $900 millionDiluted EPS* $0.58 $0.68

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Micron Technology (MU) Tops Q1 EPS by 4c, Q2 Guidance Tops Views

December 21, 2016 4:03 PM EST

(Updated - December 21, 2016 4:14 PM EST)

Micron Technology (NASDAQ: MU) reported Q1 EPS of $0.32, $0.04 better than the analyst estimate of $0.28. Revenue for the quarter came in at $3.97 billion versus the consensus estimate of $3.96 billion.

"Positive market momentum, driven by favorable demand trends and... More