Trending: Micron Posts Better-Than-Expected 1Q Results
22 December 2023 - 2:27AM
Dow Jones News
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)
Copyright (c) 2023 Dow Jones & Company, Inc.
Micron Technology (NASDAQ:MU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Micron Technology (NASDAQ:MU)
Historical Stock Chart
From Jul 2023 to Jul 2024