Investing.com Micron (NASDAQ:MU) announced the third quarterly results that have exceeded the expectations of analysts on Tuesday and a turnover that has exceeded the forecast.
The company posted earnings per share of $1,05 to a turnover of $4,79 B. The analysts surveyed by Investing.com expecting an EPS of $0.81 to for a CA of $4,72 B. This compared to EPS of $3.15 in and to a revenue of $7,8 B in the same period the previous year, The company announced an EPS of $1,71 for a turnover of $5,84 B in the previous quarter.
Since the beginning of the year, Micron shares were up 2.99%, subject to the performance of the Nasdaq 100 which is up 22% since the beginning of the year.
Micron is following other companies in the Tech sector that have released results this month.
On the 19th of June, Oracle announced fourth quarter EPS of $1.16 for a turnover of $11,14 B, compared with a forecast EPS of $1.07 for a CA of $10,93 B.
The results of Adobe have exceeded the consensus expectations of the 18 June, with second quarter EPS of $1.83 to a turnover of $2,74 B. The analysts surveyed by Investing.com expecting an EPS of $1.78 for a turnover of another $2.7 B