Micron Technology Beat Expectations

Micron Technology (MU) reported earnings of $1.57 per share on revenue of $8.05 billion for the fiscal second quarter ended February 2025. The consensus earnings estimate was $1.45 per share on revenue of $7.90 billion. The Earnings Whisper number was $1.47 per share. The company beat expectations by 6.80% while revenue grew 38.27% on a year-over-year basis.

The company said it expects third quarter non-GAAP earnings of $1.47 to $1.67 per share on revenue of $8.60 billion to $9.00 billion. The current consensus earnings estimate is $1.42 per share on revenue of $8.54 billion for the quarter ending May 31, 2025.

Micron Technology Inc is a manufacturer and marketer of DRAM, NAND Flash memory, CMOS image sensors and other semiconductor components. It has two segments, Memory and Imaging.