Micron Technology Q2 Adj. EPS $12.20 Beats $9.21 Estimate, Sales $23.860B Beat $19.936B Estimate

Micron Technology (NASDAQ: MU) reported Q2 adjusted earnings per share of $12.20, surpassing the analyst estimate of $9.21 by 32.41%, and marking a 682.05% increase from $1.56 per share in the same quarter last year. The company's quarterly sales reached $23.860 billion, exceeding the expected $19.936 billion by 19.68%, and reflecting a 196.29% increase from $8.053 billion in the prior year.