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Benzinga
Benzinga
Business
Adam Eckert

Why Micron Stock Is Moving Higher After Hours

Micron Micron Technology Inc MU Nasdaq

Micron Technology Inc (NASDAQ:MU) is trading higher in Tuesday's after-hours session after the company reported better-than-expected financial results and issued third-quarter guidance above anlayst estimates.

Micron reported fiscal second-quarter revenue of $7.79 billion, which beat the $7.52 billion estimate. The company reported quarterly adjusted earnings of $2.14 per share, which beat the estimate of $1.97 per share.

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