Micron Technology (NASDAQ:MU) Q2 2023 Revenue,earnings results Miss Estimate

March 28, 2023 – Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2023, which ended March 2, 2023. Analyst Forecast Micron Technology (NASDAQ:MU) reported a fiscal Q2 non-GAAP loss  of $1.91 per diluted share, compared with earnings of $2.14 a year earlier. Analysts polled by Capital IQ expected a loss of $0.88 per share. Revenue for the quarter ended March 2 was $3.69 billion, down from $7.79 billion a year earlier. Analysts surveyed by Capital IQ expected $3.71 billion. The company said it expects a Q3 loss of $1.58 per diluted share, plus or minus $0.07, and revenue of $3.70 billion, plus or minus $200 million. Analysts polled by Capital IQ expect a loss of $0.92 per share and revenue of $3.75 billion for the quarter. Fiscal Q2 2023 Financian Revenue of $3.69 billion versus $4.09 billion for the prior quarter and $7.79 billion for […]

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Lululemon Athletica (NASDAQ:LULU) Issues FY24 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU)  issued an update on its FY24 earnings guidance。 Lululemon Athletica (NASDAQ:LULU) provided EPS guidance of $11.50-11.72 for the period, compared to the consensus EPS estimate of $11.30. The company issued revenue guidance of $9.30-9.41 billion, compared to the consensus revenue estimate of $9.14 billion. Lululemon Athletica also updated its Q1 guidance to $1.93-2.00 EPS.

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