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Micron (#MU) announced their FQ2 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $0.98 (beat by $0.03) and revenue of $6.24B (+30% Y/Y).
Shares of #Micron gained +4.76% after the company reported earnings and gave strong Q3 guidance. Revenue is forecasted to increase up to $7.1B and gross margins are expected to increase to 41.5% from Q2's 32.9%. Is now a good time for investors to buy Micron stock?