Benzinga | Jun 30, 2021 04:02PM EDT

Micron Technology Q3 Adj. EPS $1.88 Beats $1.71 Estimate, Sales $7.42B Beat $7.23B Estimate

Micron Technology (NASDAQ:MU) reported quarterly earnings of $1.88 per share which beat the analyst consensus estimate of $1.71 by 9.94 percent. This is a 129.27 percent increase over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $7.42 billion which beat the analyst consensus estimate of $7.23 billion by 2.63 percent. This is a 36.45 percent increase over sales of $5.44 billion the same period last year.