Micron Technology (MU) Q2 Guidance Tops Consensus
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Micron Updates Guidance for Fiscal Second Quarter
February 5, 2018 5:00 PM ESTBOISE, Idaho, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced updated guidance for its second quarter of fiscal 2018, ending March 1, 2018.
For the fiscal second quarter, on a non-GAAP basis, the company now expects:
Revenue in the range of $7.20 billion to $7.35 billion compared to prior guidance of $6.80 billion to $7.20 billion.Earnings per share ranging between $2.70 and $2.75 per share compared to prior guidance of $2.51 to $2.65 per share, based on 1,241 million diluted shares.We continue to execute well against our strategic priorities as we undergo... More
