Micron Technology Q1 Earnings Beat, Stock Dips 16% on Dim Guidance

Micron Technology (MU) reported first-quarter fiscal 2025 earnings of $1.79 per share, beating the Zacks Consensus Estimate by 2.3%. The company had incurred a loss of 95 cents per share in the year-ago period.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Micron’s revenues increased 84.3% year over year to $8.71 billion and matched the Zacks Consensus Estimate.Despite reporting strong fiscal first-quarter performance, shares of the memory chip maker plunged more than 16% during Wedn ...