Micron (MU) reported fiscal fourth quarter results that topped estimates on both the top and bottom lines. Adjusted earnings of $1.18 per share was above the...
) reported fiscal fourth quarter results that topped estimates on both the top and bottom lines. Adjusted earnings of $1.18 per share was above the Bloomberg consensus estimate of $1.12. Adjusted revenue of $7.75 billion was above the estimated $7.66 billion.
And the first quarter revenue estimate uh forecast from the company I should say is higher than estimates at 8.5 billion to $8.9 billion had been estimating $8.32 billion here. And, and we know why we pay attention to my, it is, you know, the largest us maker of memory chips and its chips go into so many important end markets too that we of course, talk a lot about on the show.Um certainly questions on the call, you know, more color um from the CEO about what end demand does look like in those markets now and ahead pricing trends, inventory levels and and of course, you know, with this name, there's been so much excitement about HBM.
That was a record the company says and that was led by data center Solid State Drive sales which were more than a billion dollars in quarterly revenue for the first time.Yeah, Sanjay Moro goes on to say we're entering fiscal 25 with the best competitive position position in Mike Ron's history.
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