Micron Technology, Inc. (NASDAQ: MU) reported total revenue of $7.6 billion for the first quarter of 2022, up 33% from the same period a year ago.
GAAP net income was $2.31 billion, or $2.04 per share, compared to $803 million, or $0.71 per share, last year. Adjusted net income was $2.47 billion, or $2.16 per share.
For the second quarter of 2022, Micron expects revenue of $7.5 billion, plus or minus $200 million. GAAP EPS is expected to be $1.83, plus or minus $0.10, while adjusted EPS is expected to be $1.95, plus or minus $0.10.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
