Micron Q4 Non-GAAP Gross Margin Percentage (9.1%)
Portfolio Pulse from Benzinga Newsdesk
Micron Technology, Inc. (MU) has reported a non-GAAP gross margin percentage of 9.1% for Q1.
September 27, 2023 | 8:06 pm
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Micron Technology's Q1 non-GAAP gross margin percentage is 9.1%.
The gross margin percentage is a key profitability metric for investors. A 9.1% non-GAAP gross margin for Micron Technology indicates the cost efficiency of the company. However, without comparison to previous quarters or industry averages, it's hard to determine if this is positive or negative news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100