Above guidance, Paradis expects Micron's fourth-quarter revenue of $51.9 billion
Odaily reports that Paradis posted on X platform stating that it expects Micron's fourth-quarter revenue to be $51.9 billion, above the $50 billion guidance; gross margin at 86.5%, above the approximately 86% guidance; and earnings per share at $32.30, above the $31 guidance. It stated that this forecast is significantly higher than market consensus, that its model may be overly optimistic, and that it plans to publish a brief before Micron releases its earnings report.
