$MU | Micron beat earnings estimates and revenue was in-line but Q2 outlook was weaker than expected. The stock is -14.3% after hours.
🔹 EPS: $1.79 vs. $1.76 est. ✅
🔹 Revenue: $8.71B vs. $8.71B est. 🟠
Key takeaways:
🔸 Networking revenue: +46% YoY
🔸 Data center revenue: 50%+ of total revenue
🔸 Q2 revenue outlook: $7.7B-$8.1B ($8.9B est.)
🔸 Q2 EPS outlook: $1.33-$1.53 ($1.93 est.)
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