Micron Technology’s Q2 adjusted revenue of $8.05 billion exceeded market expectations

On March 21st, Micron Technology reported adjusted revenue of $8.05 billion in the second quarter, a year-on-year increase of 38%, with an estimated $7.91 billion. Adjusted earnings per share for the second quarter were $1.56, compared to $0.42 in the same period last year, with an estimated $1.43. The company expects adjusted revenue of $8.6-9 billion for the third quarter, with analysts expecting $8.55 billion.

Scan code to share
www.ecbnnews.com