Micron Technology Non-GAAP EPS of $12.20, Est $8.66, revenue of $23.86B, Est $19.3B, Guides for EPS of $19.15, Est $11.7

Topline Performance
• Revenue: $23.86B (+196% YoY) vs $19.3B est

Profitability
• EPS: $12.07
• Adjusted EPS: $12.20 (+682% YoY) vs $8.66 est
• Net Income: $13.79B
• Adjusted Net Income: $14.02B

Outlook

Q3 Revenue: $33.50B (+260% YoY), Est$23.80B est
Q3 EPS: $18.90
Q3 Adjusted EPS: $19.15 (+902% YoY) , Est $11.70
Q3 Gross Margin: 81% (+4200 bps YoY)

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