Semiconductor company Micron Technology Inc. (NASDAQ: MU) Thursday reported a sharp increase in revenues and earnings for the second quarter of 2025. Earnings also surpassed Wall Street’s forecasts.
The Idaho-headquartered memory chipmaker reported adjusted earnings of $1.56 per share for the second quarter, compared to $0.42 per share in the year-ago period. Earnings beat estimates. On an unadjusted basis, net income was $1.58 billion or $1.41 per share in Q2, compared to $793 million or $0.71 per share in the prior-year quarter.
Driving the bottom line growth, second-quarter revenues rose sharply to $8.1 billion from $5.82 billion in the corresponding period of 2024.
The post MU Earnings: Micron Q2 profit jumps on higher revenues, tops expectations first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
