Micron Technology Inc.

NASDAQ:MU   3:59:59 PM EDT
65.06
+2.74 (+4.40%)
4:28:30 PM EDT: $64.94 -0.12 (-0.18%)
Other Pre-Announcement

Micron Technology Inc Reports Results For The Third Quarter Of Fiscal 2022

Published: 06/30/2022 20:27 GMT
Micron Technology Inc. (MU) - Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2022.
Qtrly Revenue of $8.64 Billion Versus $7.79 Billion for the Prior Quarter and $7.42 Billion for the Same Period Last Year.
Qtrly GAAP Net Income of $2.63 Billion, Or $2.34 per Diluted Share.
Qtrly Non-GAAP Net Income of $2.94 Billion, Or $2.59 per Diluted Share.
Sees Q4 GAAP and Non-GAAP Revenue $7.2 Billion Plus Or Minus $400 Million.
Sees Q4 Non-GAAP Diluted EPS of $1.63 Plus Or Minus $0.20.
Sees Q4 GAAP Diluted Earnings per Share $1.52 Plus Or Minus $0.20.
Q3 Earnings per Share View $2.43, Revenue View $8.63 Billion -- Refinitiv Ibes Data (analyst estimates).
Q4 Earnings per Share View $2.57, Revenue View $9.05 Billion -- Refinitiv Ibes Data (analyst estimates).
Recently, the Industry Demand Environment Has Weakened, Taking Action to Moderate Our Supply Growth in Fiscal 2023.
Are Confident About Long-term Secular Demand for Memory and Storage.