Will DRAM and NAND Memory See Micron Earnings Higher?

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TradersCom
Keymaster

Micron $MU Revenue $6.80 billion
#DRAM: 67% of total FQ1 revenue
#NAND: 27% of total FQ1 revenue
GAAP results – Gross margin: 55% – Net income: $2.68 billion – Diluted EPS: $2.19
Non-GAAP results – Gross margin: 55% – Net income: $2.99 billion – Diluted EPS: $2.45