The latest earnings report for Micron Technology (MU) is for the second quarter of fiscal 2024, which ended February 29, 2024. The report highlights the following points:
- Revenue: Micron Technology reported a revenue of $5.82 billion for the second quarter of fiscal 20241.
- Net Income Growth: The company's net income year-on-year growth rate was 117.51%2.
- Diluted EPS Growth: The diluted earnings per share (EPS) growth rate was -57.75% quarter-over-quarter2.
- Profitability: The company's profitability is indicated by its revenue growth and net income growth, which suggest strong financial performance.
It's important to note that the earnings report is a snapshot of the company's financial performance at a specific point in time. To get a comprehensive understanding of Micron Technology's financial health, it's essential to analyze the report in conjunction with historical data, industry trends, and market conditions.
6/30/2024 06:19pm
