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Micron Technology Q2 Earnings Summary

Below are the earnings highlights for Micron Technology (MU):

Earnings: -$2.31 billion in Q2 vs. $2.26 billion in the same period last year.
EPS: -$2.12 in Q2 vs. $2.00 in the same period last year.
Excluding items, Micron Technology reported adjusted earnings of -$2.08 billion or -$1.91 per share for the period.

Analysts projected -$0.86 per share
Revenue: $3.69 billion in Q2 vs. $7.79 billion in the same period last year.

-Guidance:
Next quarter EPS guidance: (-$1.51) - (-$1.65)
Next quarter revenue guidance: $3.50 - $3.90 Bln

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