Semiconductor firm Micron Expertise Inc. (NASDAQ: MU) Thursday reported a pointy enhance in revenues and earnings for the second quarter of 2025. Earnings additionally surpassed Wall Avenue’s forecasts.
The Idaho-headquartered reminiscence chipmaker reported adjusted earnings of $1.56 per share for the second quarter, in comparison with $0.42 per share within the year-ago interval. Earnings beat estimates. On an unadjusted foundation, internet revenue was $1.58 billion or $1.41 per share in Q2, in comparison with $793 million or $0.71 per share within the prior-year quarter.
Driving the underside line development, second-quarter revenues rose sharply to $8.1 billion from $5.82 billion within the corresponding interval of 2024.
