Micron Technology's Revenue Rises 36% in 3Q
June 30 2021 - 4:33PM
Dow Jones News
By Allison Prang
Micron Technology Inc.'s revenue climbed by over a third from a
year earlier and its profit over doubled.
The company's earnings more than doubled to $1.74 billion,
climbing from $803 million. Earnings were $1.52 a share, up from 71
cents a share. Adjusted earnings were $1.88 a share. According to
FactSet, analysts were expecting $1.72 a share.
Revenue was $7.42 billion and rose 36%. Analysts were expecting
$7.23 billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
June 30, 2021 16:28 ET (20:28 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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