Micron Technology Q1 Adj. EPS $4.78 Beats $3.95 Estimate, Sales $13.643B Beat $12.834B Estimate

Micron Technology (NASDAQ:MU) reported quarterly earnings of $4.78 per share which beat the analyst consensus estimate of $3.95 by 21.14 percent. This is a 167.04 percent increase over earnings of $1.79 per share from the same period last year. The company reported quarterly sales of $13.643 billion which beat the analyst consensus estimate of $12.834 billion by 6.30 percent. This is a 56.65 percent increase over sales of $8.709 billion the same period last year.