Micron Technology (MU) announced a profit for its first quarter that Increases, from the same period last year
The company's earnings totaled $5.240 billion, or $4.60 per share. This compares with $1.870 billion, or $1.67 per share, last year.
Excluding items, Micron Technology reported adjusted earnings of $5.482 billion or $4.78 per share for the period.
The company's revenue for the period rose 56.7% to $13.643 billion from $8.709 billion last year.
Micron Technology earnings at a glance (GAAP) :
-Earnings: $5.240 Bln. vs. $1.870 Bln. last year.-EPS: $4.60 vs. $1.67 last year.-Revenue: $13.643 Bln vs. $8.709 Bln last year.
-Guidance:Full year EPS guidance: $8.42 ± $0.20Full year revenue guidance: $18.70 Bln +/- $400M
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.