Micron Beats Estimates, Offers Stronger Guidance
Microchip manufacturer Micron reported better-than-expected results for its fiscal second quarter. Revenue increased by 38% to $8.05 billion, beating analyst estimates. Data center revenue also tripled from the same period last year. The company’s earnings per share were $1.56, exceeding expectations of $1.42. In terms of net income, Micron reported $1.58 billion, up from $793 … Read more