Micron (NASDAQ:MU) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.05 on revenue of $4.79B. Analysts polled by anticipated EPS of $0.81 on revenue of $4.72B. That compared to EPS of $3.15 on revenue of $7.8B in the same period a year earlier. The company had reported EPS of $1.71 on revenue of $5.84B in the previous quarter.
Micron follows other major Technology sector earnings this month
On June 19, Oracle reported fourth quarter EPS of $1.16 on revenue of $11.14B, compared to forecasts of EPS of $1.07 on revenue of $10.93B.
Adobe earnings beat analysts' expectations on June 18, with second quarter EPS of $1.83 on revenue of $2.74B. analysts expected EPS of $1.78 on revenue of $2.7B
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