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$MU beat analysts' Q3 earnings expectations on the top and bottom lines, and surpassed estimates for the company's Q4 revenue outlook. https://t.co/0vxFX14wfh
BREAKING: Micron stock, $MU, surges over +10% after reporting stronger than expected earnings.
The stock has now added +$120 BILLION in market cap since reporting earnings.
$MU ABSOLUTELY CRUSHED THEIR EARNINGS
• Revenue $41.5B vs Est. $35.5B
• EPS $25.11 vs Est. $20.39
• Net Income $33.7B vs Est. $23.9B
• Gross Margin 85% vs Est. 82%
Q4 Guide
• Revenue $50B vs Est. $43B
• EPS $31.00 vs Est. $25.07
• Gross Margin 85% vs Est. 84%