MU - Micron Q1 Earnings Performance: Revenue Beat EPS Miss Strong Guidance AI Opportunity And More | Benzinga
Micron Technology Inc (NASDAQ: MU) reported fiscal first-quarter financial results Wednesday after the close. Here's a look at the key metrics from the quarter.
Q1 Earnings: Micron reported first-quarter revenue of $4.73 billion, which beat the consensus estimate of $4.27 billion, according to Benzinga Pro. The company reported a quarterly loss of 95 cents per share, which missed analyst estimates for a loss of 91 cents per share.
Micron reported operating cash flow of $1.4 billion, up from $943 million in the prior year's quarter. The ...