Micron Technology (MU) Raises Q3 Guidance
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Micron Hosts Analyst and Investor Event and Updates Guidance for Fiscal Third Quarter
May 21, 2018 8:30 AM EDTBOISE, Idaho, May 21, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ: MU) will host an Analyst and Investor Event today from 1:30 p.m. to 5:00 p.m. EDT in New York, NY. The company is also raising its revenue and earnings per share guidance for its fiscal third quarter, which ends May 31, 2018. The revised guidance is driven by strong execution and healthy industry conditions.
For the fiscal third quarter, on a non-GAAP basis, the company now expects:
Revenue in the range of $7.70 billion to $7.80 billion compared to prior guidance of $7.20 billion to... More