Earnings Season| MU with a horrible 1Q
MU with a horrible 1Q
Revenue -47% ( $4.09 B ; below mid point guidance)
Net income/EPS negative
- Loss per share: $0.04, adjusted, versus $0.01 estimated
- Revenues: $4.09 billion versus $4.11 billion estimated
2Q guidance
Revenue $3.6 B at mid point (-51% YoY at mid-point )Always fantastic to look at earnings reaction
Even a spike uphttps://twitter.com/DividendWave/status/1605675487732281346
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