Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts' estimates and offered better-than-expected guidance.Here's how the company did:Earnings per share: $1.56, adjusted vs. $1.42 expected by LSEGRevenue: $8.05 billion vs. $7.89 billion expected by LSEGRevenue increased 38% from $5.82 billion during the same p...
Read more at cnbc.com