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Micron Q1 Earnings: Revenue Miss, EPS Beat, Soft Guidance Sinks Shares As Consumer Markets Turn 'Weaker' In Near Term

Benzinga LogoBenzinga12h ago

Micron Q1 Earnings: Revenue Miss, EPS Beat, Soft Guidance Sinks Shares As Consumer Markets Turn 'Weaker' In Near Term - Benzinga

Quick Summary:

Operating cash flow came in at $3.24 billion versus $3.41 billion in the prior quarter and $1.4 billion in the comparable quarter last year.

Micron Technology Inc (NASDAQ:MU) reported financial results for the first quarter of fiscal 2025 after the market close on Wednesday.

Q1 Earnings: Micron reported first-quarter revenue of $8.71 billion, missing the consensus estimate of $8.72 billion.


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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 21:26:45 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24541244

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Official Website: benzinga.com

Update Frequency: 20 posts per day

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News Last Updated: 9 hours ago

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Publisher ID: #53

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