Micron Technology (MU) Tops Q2 EPS by 8c, Offers Q3 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/11/2026

1. SPCX
2. HUM
3. ALHC
4. T
5. PEP
6. TMUS
7. SPY
8. CVS
9. UNH
10. AXP

Go back to Micron Technology (MU) Tops Q2 EPS by 8c, Offers Q3 Guidance

MICRON TECHNOLOGY, INC. REPORTS RESULTS FOR THE SECOND QUARTER OF FISCAL 2020

March 25, 2020 4:02 PM EDT

Strong execution drives profitability and 13th consecutive quarter of free cash flow

BOISE, Idaho, March 25, 2020 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2020, which ended February 27, 2020.

Fiscal Q2 2020 highlights

Revenue of $4.80 billion versus $5.14 billion for the prior quarter and $5.84 billion for the same period last yearGAAP net income of $405 million, or $0.36 per diluted shareNon-GAAP net income of $517 million, or $0.45 per diluted shareOperating cash flow of $2.00 billion versus $2.01 billion for the prior quarter and... More