2024-09-26 19:18
业内Micron Stock Jumps on Strong Outlook. ‘Robust AI D
Micron Technology
MU
1.88%
stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations.
For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11.
Micron
MU
1.88%
’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.
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Micron Stock Jumps on Strong Outlook. ‘Robust AI D
| 2024-09-26 19:18Micron Technology
MU
1.88%
stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations.
For the quarter ended Aug. 29, Micron reported revenue of $7.75 billion—up 93% from the prior year—and adjusted earnings of $1.18 a share. Wall Street was expecting revenue of $7.65 billion with adjusted EPS of $1.11.
Micron
MU
1.88%
’s outlook was even better. It guided the current quarter to a range with $8.7 billion in sales at the midpoint, versus the $8.3 billion that analysts estimate.
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