Micron Technology (MU) Tops Q2 EPS by 8c, Offers Q3 Guidance
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MICRON TECHNOLOGY, INC. REPORTS RESULTS FOR THE SECOND QUARTER OF FISCAL 2020
March 25, 2020 4:02 PM EDTStrong execution drives profitability and 13th consecutive quarter of free cash flow
BOISE, Idaho, March 25, 2020 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2020, which ended February 27, 2020.
Fiscal Q2 2020 highlights
Revenue of $4.80 billion versus $5.14 billion for the prior quarter and $5.84 billion for the same period last yearGAAP net income of $405 million, or $0.36 per diluted shareNon-GAAP net income of $517 million, or $0.45 per diluted shareOperating cash flow of $2.00 billion versus $2.01 billion for the prior quarter and... More