TECH - Micron Q3 Earnings: Revenue Beat EPS Beat Q4 Earnings Guidance 'Expanding AI-Driven Opportunities Ahead' And More | Benzinga
Micron Technology Inc (NASDAQ:MU) reported financial results for the third quarter after the market close on Wednesday. Here’s a rundown of the report.
Micron Q3 Earnings: Micron reported third-quarter revenue of $6.81 billion, beating the consensus estimate of $6.634 billion. The company reported adjusted earnings of 62 cents per share, beating analyst estimates of 49 cents per share.
Micron has now exceeded analyst estimates on the top and bottom lines in five straight quarters, according to data from Benzinga Pro.
Operating cash flow came in at $2.48 billion versus $1.22 billion in the prior quarter and $24 million in the comparable quarter last year. Adjusted ...