MU - Micron Q2 Earnings: Revenue Beat EPS Beat Strong Guidance 'Multi-Year' AI Opportunity And More | Benzinga
Micron Technology Inc (NASDAQ:MU) reported fiscal second-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter.
Q2 Earnings: Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share.
Micron has now beat analyst estimates on both the top and bottom line in four consecutive quarters, according to data from Benzinga Pro.
Operating cash flow came in at $1.22 ...