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Micron announced earnings per share of $0.78 on revenue of $5.77B. Analysts polled by Investing.com anticipated EPS of $0.6928 on revenue of $5.66B.
Micron shares are up 5% from the beginning of the year, still down 1.19% from its 52 week high of $80.06 set on January 7. They are outperforming the Nasdaq 100 which is up 0.4% from the start of the year.
Micron’s report follows an earnings beat by Adobe on December 10, 2020, who reported EPS of $2.81 on revenue of $3.42B, compared to forecasts EPS of $2.66 on revenue of $3.36B.
Oracle had beat expectations on December 10, 2020 with second quarter EPS of $1.06 on revenue of $9.8B, compared to forecast for EPS of $0.9979 on revenue of $9.77B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
