Categories AlphaGraphs, Earnings, Technology
MU Earnings: Micron Q2 profit jumps on higher revenues, tops expectations
Semiconductor company Micron Technology Inc. (NASDAQ: MU) Thursday reported a sharp increase in revenues and earnings for the second quarter of 2025. Earnings also surpassed Wall Street’s forecasts.
The Idaho-headquartered memory chipmaker reported adjusted earnings of $1.56 per share for the second quarter, compared to $0.42 per share in the year-ago period. Earnings beat estimates. On an unadjusted basis, net income was $1.58 billion or $1.41 per share in Q2, compared to $793 million or $0.71 per share in the prior-year quarter.
Driving the bottom line growth, second-quarter revenues rose sharply to $8.1 billion from $5.82 billion in the corresponding period of 2024.
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