04:32 PM EDT, 03/20/2024 (MT Newswires) -- Micron Technology ( MU ) reported fiscal Q2 non-GAAP diluted earnings Wednesday of $0.42 per share, compared to a loss of $1.91 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.24.

Revenue for the quarter ended Feb. 29 was $5.82 billion, up from $3.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.35 billion.

The company said it expects fiscal Q3 non-GAAP diluted EPS of $0.45, plus-minus $0.07.

Analysts surveyed by Capital IQ expect $0.21.

The company expects revenue for the quarter of $6.60 billion, plus-minus $200 million.

Analysts polled by Capital IQ expect $6 billion.

Micron Technology ( MU ) said its board declared a quarterly dividend of $0.115 per share, payable April 16 to shareholders of record April 1.

Shares of the company were up more than 11% in after-hours trading.

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