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Micron Technology (MU) Tops Q2 EPS by 3c, Q3 Guidance Beats

Go back to Micron Technology (MU) Tops Q2 EPS by 3c, Q3 Guidance Beats

Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2021

March 31, 2021 4:01 PM EDT

Strong execution drives robust growth across multiple end markets

BOISE, Idaho, March 31, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2021, which ended March 4, 2021.

Fiscal Q2 2021 highlights

Revenue of $6.24 billion versus $5.77 billion for the prior quarter and $4.80 billion for the same period last yearGAAP net income of $603 million, or $0.53 per diluted shareNon-GAAP net income of $1.13 billion, or $0.98 per diluted shareOperating cash flow of $3.06 billion versus $1.97 billion for the prior quarter and $2.00... More