Micron Earnings, Revenue beat in Q1

Micron Earnings, Revenue beat in Q1

Investing.com  | Jan 08, 2021 00:06

Micron Earnings, Revenue beat in Q1

Investing.com - Micron (NASDAQ:MU) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Micron announced earnings per share of $0.78 on revenue of $5.77B. Analysts polled by Investing.com anticipated EPS of $0.6928 on revenue of $5.66B.

Micron shares are up 5% from the beginning of the year and are trading at $79.11 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 0.4% from the start of the year.

Micron follows other major Technology sector earnings this month

Micron's report follows an earnings beat by Adobe on December 10, 2020, who reported EPS of $2.81 on revenue of $3.42B, compared to forecasts EPS of $2.66 on revenue of $3.36B.

Oracle had beat expectations on December 10, 2020 with second quarter EPS of $1.06 on revenue of $9.8B, compared to forecast for EPS of $0.9979 on revenue of $9.77B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
Saving Changes


Download the Investing.com App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.

Investing.com is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.