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amit

1 day ago, 10:25 PM

$Micron Tech(MU.US)

MICRON EARNINGS:

- Revenues of $54.23B vs $51.07B expected

- EPS $33.42 vs $31.61

- Gross Margin of 87% vs 86.1%

- Guidance of $61B vs $57B

- Operating Cash Flow of $42.97B vs $33.47B

Micron CEO Sanjay Mehrotra:

"As strong as fiscal 2026 was, we expect fiscal 2027 to be even better. Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026."

These numbers are genuinely mind blowing.

Source: amit

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Micron Tech

Micron Tech

USMU

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