#micronbeatsearningsliftsguidance $MU Micron shares almost dead flat after an "as expected" beat with revenues coming in at $54.2B vs $51.5B estimate and earnings
$33.4B vs $31.8B.
Core data center revenue of $18B crushed the $11.3B estimate. Gross margins were 87%.
Current quarter revenue
guidance
raised to $60 - $63B vs $56.8B expected and adjusted EPS guidance to $37.15-$39.15 vs the $36.02 estimate.
Micron shares have been the best performer in the Philadelphia Stock Exchange Semiconductor Index this year up over 280%.$SOMI $ZEN
$33.4B vs $31.8B.
Core data center revenue of $18B crushed the $11.3B estimate. Gross margins were 87%.
Current quarter revenue
guidance
raised to $60 - $63B vs $56.8B expected and adjusted EPS guidance to $37.15-$39.15 vs the $36.02 estimate.
Micron shares have been the best performer in the Philadelphia Stock Exchange Semiconductor Index this year up over 280%.$SOMI $ZEN
