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Micron reports Q2 EPS $1.56, consensus $1.42

Micron reports Q2 EPS $1.56, consensus $1.42

Reports Q2 revenue $8.05B, consensus $7.9B. “Micron (MU) delivered fiscal Q2 EPS above guidance and data center revenue tripled from a year ago,” said Sanjay Mehrotra, chairman, president and CEO of Micron Technology. “We are extending our technology leadership with the launch of our 1-gamma DRAM node. We expect record quarterly revenue in fiscal Q3, with DRAM and NAND demand growth in both data center and consumer-oriented markets, and we are on track for record revenue and significantly improved profitability in fiscal 2025.”

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