CORRECTION: 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 the fourth quarter.
September 27, 2023 | 8:23 pm
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NEUTRAL IMPACT
Micron Technology's Q4 non-GAAP gross margin is 9.1%, which may impact investor sentiment.
The gross margin percentage is a key profitability metric for investors. While the news does not indicate whether this is an increase or decrease from previous quarters, it is a critical piece of information that could influence the stock's performance.
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IMPORTANCE 70
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