Micron Beats Estimates

Micron Technology Inc (NASDAQ: MU ) posted financial results for the third quarter of fiscal 2026 on Wednesday after the closing bell. Here’s a rundown of the report. Micron Technology stock is trending today. Where is MU stock going?

59 billion, according to Pro. 63 per share. Total revenue was up approximately 346% on a year-over-year basis. 61 billion in the comparable quarter last year.

1 billion of capital expenditures. “Micron is investing at record levels in technology, products and supply to address our customers’ rapidly growing demand. We believe our multi-year Strategic Customer Agreements will significantly enhance the durability and predictability of Micron’s strong financial performance,” said Sanjay Mehrotra, chairman, president and CEO of Micron. 02 billion in cash, marketable investments and restricted cash.

What’s Next For Micron? 95 billion. 50 per share. The company’s board declared a quarterly dividend of 15 cents per share, payable on July 21 to shareholders of record as of July 6.

m. ET. 80 at the time of publication on Wednesday, according to Pro. Read Also: Micron Reports Tonight.

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