Capital DailyCapital Daily
Markets · Investing · Business
Capital DailyCapital Daily
Finance

Micron's Last 5 Post-Earnings Dips Turned Into Gains. This Time, the Stock Rose Instead.

The memory maker's shares gained after a record quarter and a bigger spending plan. What does its post-report record say now?

Micron's Last 5 Post-Earnings Dips Turned Into Gains. This Time, the Stock Rose Instead.

Published October 2, 2026 · Category: Finance

Overview

Micron Technology (NASDAQ:MU) just posted the biggest quarter yet. In its fiscal fourth quarter of 2026 (the 14-week period ended Sept. 3, 2026), revenue was $54.2 billion, up 379% from the same quarter last year.

Non-GAAP (adjusted) earnings per share rose about 11-fold to $33.42.

Details

And management, pointing to demand fueled by artificial intelligence (AI), forecast about $61.5 billion of revenue for this quarter, which would be another 13% sequential gain.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.