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
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
