WASHINGTON (dpa-AFX) - Micron Technology (MU) released earnings for its second quarter that increased from the same period last year
The company's bottom line came in at $1.583 billion, or $1.41 per share. This compares with $793 million, or $0.71 per share, last year.
Excluding items, Micron Technology reported adjusted earnings of $1.783 billion or $1.56 per share for the period.
The company's revenue for the period rose 38.3% to $8.053 billion from $5.824 billion last year.
Micron Technology earnings at a glance (GAAP) :
-Earnings: $1.583 Bln. vs. $793 Mln. last year. -EPS: $1.41 vs. $0.71 last year. -Revenue: $8.053 Bln vs. $5.824 Bln last year.
-Guidance: Next quarter EPS guidance: $1.47 - $1.67 Next quarter revenue guidance: $8.60 to $9.00 bln
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