Micron (MU): FQ2 EPS of -$0.28 misses by $0.09. Revenue of $2.1B beats by $0.18B. Shares +5.8%...


Micron (MU): FQ2 EPS of -$0.28 misses by $0.09. Revenue of $2.1B beats by $0.18B. Shares +5.8% AH. (PR)
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Comments (2)
  • Valuable Insights
    , contributor
    Comments (478) | Send Message
     
    Excluding currency hedge loss and loss on asset sale, big EPS beat, with GM way above expectations. DRAM pricing was down 10% q/q - so big DRAM price increases will begin helping in current quarter. Stock is going to go much higher.
    21 Mar 2013, 04:10 PM Reply Like
  • Kyle Spencer
    , contributor
    Comments (1240) | Send Message
     
    Agree.
    21 Mar 2013, 06:02 PM Reply Like
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