Micron Reports Strong Earnings and Future Revenue Guidance
Micron Technology (NASDAQ:MU) reported strong third-quarter earnings with EPS of $25.11, beating estimates by $4.72, and revenue reaching $41.5 billion, surpassing expectations by $6.4 billion. The company also announced a new quarterly revenue guidance of $50 billion and secured long-term contracts worth up to $22 billion.
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