Micron Technology (MU) CFO Sees Spending $5.8B on CapEx in FY16
Tweet
Share
E-mailGet Alerts MU Hot Sheet
Price: $1,096.16 --0%
Revenue Growth %: +345.7%
Financial Fact:
Interest expense: -135M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Revenue Growth %: +345.7%
Financial Fact:
Interest expense: -135M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Join SI Premium – FREE
Micron (Nasdaq: MU) CFO Ernie Maddock, speaking at the company's Analyst Day today, said the company plans to spend as much as $5.8 billion on CapEx in FY16. The current expected CapEx range is $5.3 - $5.8 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi raises Micron Technology price target to $1,300
- Popular stocks with increasing option volume: INTC MU SPCX WBD MSTR MSFT AVGO PLTR SOFI NFLX CRWV HOOD
- On Holding sets 2029 financial targets, authorizes $1B share buyback
Create E-mail Alert Related Categories
Guidance, Management Comments, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
