3D·

Micron disappoints with outlook

$MU (+2.58%) the figures for Q1 were slightly above expectations:

Sales 8.7B vs 8.7B expected

Net income 2.0B vs 1.8B expected


Q2 sales outlook is only 7.9B vs 9B expected

Micron sees "Decline in Industry Demand Growth" for 2024 and 2025


Too bad, as it was a buy candidate. Now I'll wait and see. A significant decline in sales does not fit into my investment thesis

5
10 Comments

profile image
I think that will get her kicked out for me too
1
View all 9 further answers
Join the conversation