Micron Technology (MU) Tops Q3 EPS by 15c, Guidance Misses Badly
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June 30, 2022 4:02 PM EDT
Multiple end-market and product revenue records reflect broad portfolio momentum
BOISE, Idaho, June 30, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2022, which ended June 2, 2022.
Fiscal Q3 2022 highlights
Revenue of $8.64 billion versus $7.79 billion for the prior quarter and $7.42 billion for the same period last yearGAAP net income of $2.63 billion, or $2.34 per diluted shareNon-GAAP net income of $2.94 billion, or $2.59 per diluted shareOperating cash flow of $3.84 billion versus $3.63 billion for the prior...
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June 30, 2022 4:01 PM EDT
BOISE, Idaho, June 30, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2022, which ended June 2, 2022.
Fiscal Q3 2022 highlights
Revenue of $8.64 billion versus $7.79 billion for the prior quarter and $7.42 billion for the same period last yearGAAP net income of $2.63 billion, or $2.34 per diluted shareNon-GAAP net income of $2.94 billion, or $2.59 per diluted shareOperating cash flow of $3.84 billion versus $3.63 billion for the prior quarter and $3.56 billion for the same period last year
Micron delivered record revenue in the... More
