Micron Says The Best Is Yet To Come After Record Q1

Micron Technology, Inc. (NASDAQ:MU) stock rose Thursday after surpassing fiscal first-quarter 2026 expectations and issuing a robust forecast.Micron reported first-quarter revenue of 13.64billion,toppingestimates,withadjustedearningsof13.64 billion, topping estimates, with adjusted earnings of 4.78 per share. Sales grew 20.5% year-over-year, operating cash flow rose to 8.41billion,andadjustedfreecashflowwas8.41 billion, and adjusted free cash flow was 3.9 billion.“In fiscal Q1, Micron delivered record revenue and significant margin expansion at the company level and also in each of our busin ...