These Analysts Revise Their Forecasts On Micron After Q2 Results

Micron Technology Inc (NASDAQ:MU) reported better-than-expected second-quarter financial results Thursday.

Micron reported second-quarter revenue of $8.05 billion, beating the consensus estimate of $7.89 billion. Total revenue was up from $5.82 billion on a year-over-year basis. The company reported second-quarter adjusted earnings of $1.56 per share, beating analyst estimates of $1.42 per share, according to Benzinga Pro.

"Micron delivered fiscal Q2 EPS above guidance and data center revenue tripled from a year ago," said Sanjay Mehrotra, president and CEO of Micron.

Micron expects third-quarter revenue of $8.8 billion, plus or minus $200 million, versus estimates of ...