Micron Raises Its Sales, Earnings Outlook on Improved Prices

The Micron Technology offices in San Jose, California.

Photographer: David Paul Morris/Bloomberg

Micron Technology Inc. raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” for a key product.

Sales for the three months ending Aug. 28 will be $11.1 billion to $11.3 billion, the company said in a statementBloomberg Terminal Monday. It had previously forecast fourth-quarter sales of $10.4 billion to $11 billion.