Micron Technology Q2 profit climbs 10200%
The company said its bottom line came in at $1.03 billion, or $0.90 per share. This was higher than $0.01 billion, or $0.01 per share, in last year's second quarter.
The company said revenue for the quarter rose 58.7% to $4.65 billion. This was up from $2.93 billion last year.
Micron Technology earnings at a glance:
-Earnings (Q2): $1.03 billion vs. $0.01 billion last year
-Earnings Growth (Y-o-Y): 10200%
-EPS (Q2): $0.90 vs. $0.01 last year
-EPS Growth (Y-o-Y): 8900%
-Revenue (Q2): $4.65 billion vs. $2.93 billion last year
-Revenue Change (Y-o-Y): 58.7%. ■