Micron expects strong earnings outlook and $35.16 billion in share buybacks
MU Micron Technology Inc
$913.67 +1.96%
View chart & analysis → - 1Micron reported revenue of $54.23 billion and adjusted earnings per share of $33.42 for the previous quarter.
- 2Micron projected revenue of approximately $61.5 billion and adjusted earnings per share of $38.15 for this quarter.
- 3Micron plans to conduct share buybacks totaling $35.16 billion.
So what's the key point?
Micron is expected to earn more money than it did last quarter. The company has decided to buy back its own shares, which is good news for investors.
Source The Motley Fool +1 · View original ↗
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