Micron Technology Q1 Adj. EPS $2.16 Beats $2.11 Estimate, Sales $7.69B Beat $7.67B Estimate

Micron Technology (NASDAQ:MU) reported quarterly earnings of $2.16 per share which beat the analyst consensus estimate of $2.11 by 2.37 percent. This is a 176.92 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $7.69 billion which beat the analyst consensus estimate of $7.67 billion by 0.26 percent. This is a 33.21 percent increase over sales of $5.77 billion the same period last year.