Micron Technology, Inc. (MU) is set to unveil its fiscal 2024 second-quarter earnings on March 20. The company is anticipated to record a revenue of $5.34 billion, reflecting a 44.6% year-over-year increase. However, it is also expected to report a loss per share of $0.25 during the same period.
In recent times, MU, like many semiconductor peers, has stood out in the stock market owing to the mounting demand for its memory and storage chips. During the quarter that ended on November 30, 2024, its revenue rose by 15.7% to $4.73 billion, breaking a streak of five consecutive revenue declines.
