9:57 a.m. ET -- Micron Technology is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Micron posted better-than-expected results for its quarter ending in November. The semiconductor company reported an adjusted loss of 95 cents a share for its first quarter, compared with the consensus call for a loss of $1.01, according to analysts tracked by FactSet. Revenue came in at $4.73 billion for the period, which was slightly above analysts' expectations for $4.58 billion. For the current quarter, Micron forecasts for revenue of $5.3 billion at the midpoint of its range, which was also above the consensus of $4.97 billion. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

December 21, 2023 10:12 ET (15:12 GMT)

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