Micron Technology (MU) Tops Q2 EPS by 8c, Offers Q3 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Micron Technology, Inc., Reports Results for the Second Quarter of Fiscal 2018
March 22, 2018 4:00 PM EDTBOISE, Idaho, March 22, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (NASDAQ: MU) today announced results of operations for its second quarter of fiscal 2018, which ended March 1, 2018.
Fiscal Q2 2018 Highlights
Revenues of $7.35 billion, up 58 percent compared with the same period last yearGAAP net income of $3.31 billion, or $2.67 per diluted shareNon-GAAP net income of $3.50 billion, or $2.82 per diluted shareOperating cash flow of $4.35 billion, compared with $1.77 billion for the same period last year (adjusted for the Inotera acquisition)"Micron executed exceptionally well in the second quarter,... More
