financetom
Business
financetom
/
Business
/
Micron Technology Fiscal Q2 Non-GAAP EPS, Revenue Rise, Q3 Outlook Set -- Shares Up Late Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Micron Technology Fiscal Q2 Non-GAAP EPS, Revenue Rise, Q3 Outlook Set -- Shares Up Late Hours
Mar 20, 2025 1:42 PM

04:15 PM EDT, 03/20/2025 (MT Newswires) -- Micron Technology ( MU ) late Thursday reported fiscal Q2 non-GAAP net income of $1.56 per diluted share, up from $0.42 a year earlier.

Analysts polled by FactSet, on average, expected $1.43.

Revenue for the quarter ended Feb. 27 was $8.05 billion, compared with $5.82 billion a year earlier.

Analysts expected $7.90 billion.

For Q3, the chipmaker is looking for non-GAAP EPS of $1.47 to $1.67 on $8.60 billion to $9.0 billion of revenue. Analysts are looking for $1.52 and $8.48 billion, respectively.

Micron shares were up nearly 6% in after-hours session.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved