Micron Technology (MU) released earnings for its fourth quarter that Increases, from last year
The company's bottom line came in at $3.201 billion, or $2.83 per share. This compares with $887 million, or $0.79 per share, last year.
Excluding items, Micron Technology reported adjusted earnings of $3.469 billion or $3.03 per share for the period.
The company's revenue for the period rose 46.0% to $11.315 billion from $7.750 billion last year.
Micron Technology earnings at a glance (GAAP) :
-Earnings: $3.201 Bln. vs. $887 Mln. last year.-EPS: $2.83 vs. $0.79 last year.-Revenue: $11.315 Bln vs. $7.750 Bln last year.
-Guidance:Next quarter EPS guidance: $3.41 to $3.71Next quarter revenue guidance: $12.2 - $12.8 bln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.