Shares of Micron Technology Inc. (NASDAQ:MU ) tanked in early trading Friday, even after the company reported upbeat fiscal second-quarter results.
Micron's shares fell 8% on Friday, as its dour margin forecast took the shine off a robust quarterly revenue outlook driven by demand for its semiconductors used in artificial intelligence tasks.
Micron's second-quarter fiscal 2025 results reflect the benefit of strong traction in the HBM portfolio, which crosses $1 billion in sales.
Micron Technology Inc MU reported better-than-expected second-quarter financial results Thursday.
Market gloom on Friday was overshadowing the company's better-than-expected earnings.
Chipmaker Micron Technology (MU) beat its fiscal second quarter earnings estimates, posting revenue of $8.05 billion (vs. estimates of $7.91 billion) and adjusted earnings per share of $1.56 (vs.
Markets close lower, Micron jumps on earnings beat, Nike reports Q3 earnings Market Domination anchor Julie Hyman and Yahoo Finance Senior Markets Reporter Josh Schafer take a look at the trading day's top stories for March 20, 2025. The brief Fed-fueled rally has stalled, leading the major indexes to close in the red.
Micron Technology, Inc. (NASDAQ:MU ) Q2 2025 Post Earnings Analyst Call March 20, 2025 6:00 PM ET Company Participants Satya Kumar - Corporate Vice President, Investor Relations and Treasury Sumit Sadana - Chief Business Officer Manish Bhatia - Executive Vice President of Global Operations Mark Murphy - Chief Financial Officer Conference Call Participants Vivek Arya - Bank of America Srini Pajjuri - Raymond James Aaron Rakers - Wells Fargo Vijay Rakesh - Mizuho Brian Chin - Stifel Karl Ackerman - BNP Paribas Mehdi Hosseini - SIG Operator Thank you for standing by, and welcome to Micron's Post Earnings Analyst Call. At this time, all participants are in listen-only mode.
Micron Technology, Inc. (NASDAQ:MU ) Q2 2025 Results Conference Call March 20, 2025 4:30 PM ET Company Participants Satya Kumar - Corporate Vice President, Investor Relations and Treasurer Sanjay Mehrotra - President and Chief Executive Officer Mark Murphy - Executive Vice President and Chief Financial Officer Conference Call Participants Harlan Sur - JPMorgan Timothy Arcuri - UBS Krish Sankar - TD Cowen Joseph Moore - Morgan Stanley C.J. Muse - Cantor Fitzgerald Chris Caso - Wolfe Research Chris Danely - Citi Operator Thank you for standing by, and welcome to Micron's Second Quarter 2025 Financial Call.
The headline numbers for Micron (MU) give insight into how the company performed in the quarter ended February 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Micron (MU) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $0.42 per share a year ago.
Mehdi Hosseini, Susquehanna senior analyst, joins 'Closing Bell Overtime' to talk Micron earnings.