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Image source: The Motley Fool. Micron Technology (NASDAQ: MU) Q1 2025 Earnings Call Dec 18, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Investors reacted to the chipmaker's higher-than-expected first quarter revenue guidance of $8.5 billion to $8.9 billion, above the $8.3 billion analysts anticipated.
Work-and-learn from home wave amid coronavirus pandemic spurs significant chip demand from PC manufacturers and data-center operators, which is expected to have driven Micron's (MU) Q3 earnings.
Micron Technology's (MU) Q4 performance is likely to have been hurt by soft consumer spending, which has weakened the memory chip demand from the smartphone and personal computer end markets.
The Boise, Idaho-based company announced second-quarter GAAP net income of $3.31 billion, or $2.67 per diluted share. Adjusted earnings came in at $3.50 billion, or $2.82 per share, which was 8 ...
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The figure was less than half the profit it brought in during the second quarter of 2018, when it earned $3.31 billion, or $2.67 per share.Micron posted adjusted earnings of $1.71 per share for ...