URL has been copied successfully!
Micron Technology Inc (NASDAQ:MU) reported financial results for the second quarter of fiscal 2026 after the market close on Wednesday. Here’s a look at the key details from the print.
- Micron Technology shares are testing new highs. Why is MU stock breaking out?
Micron Reports Blowout Q2 Results
Micron posted second-quarter revenue of $23.86 billion, well above analyst estimates of $19.94 billion, according to Benzinga Pro.
The semiconductor company reported adjusted earnings of $12.20 per share for the quarter, easily exceeding analyst estimates of $9.21 per share.
Total revenue was up approximately 196% on a year-over-year basis. Operating cash flow came in at $11.90 billion versus $8.41 billion in the prior quarter and $3.94 billion in the comparable quarter last year. The …
Please follow us:
