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Micron Says Earnings Will Be Terrible. But a Turnaround Is on the Horizon.

Por: MarketWatch Business September 27, 2023

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The contrast is striking, and it reflects Wall Street’s belief that Micron’s fortunes are about to start turning around. For the August quarter, the company sees revenue of $3.9 billion, with a loss of $1.15 a share on an adjusted basis, and a loss $1.33 a share under generally accepted accounting principles. Street estimates are about in line with guidance, at $3.9 billion in revenue and losses of $1.19 on an adjusted basis and $1.34 a... + full article



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