Micron (MU) updates Q1 2024 guidance; Revenue USD 4.7bln (prev. USD 4.2-4.6bln, exp. 4.41bln), EPS -1.00 (prev. -1.14 to -1.00, exp. -0.99), Gross margin -0.5% to 0% (prev. -6% to -2%)
Important
SourceNewsquawk
SectionUS Equities
- Guidance is as a result of improved supply and demand balance and improved pricing.
Via Micron IR