Semiconductor maker Micron Technology shared its first-quarter earnings report, which beat Wall Street estimates. However, the company’s stock plunged on Thursday due to weak second-quarter guidance.
Micron reported $1.79 in adjusted earnings per share compared to $1.75 expected by analysts. Its revenue of $8.71 billion...
Micron Technology shared its quarterly report on Wednesday, with the company’s results being better than the analysts expected. However, the chipmaker’s stock still plunged in after-hours trading due to a weak fourth-quarter revenue forecast.
Micron reported $0.62 adjusted earnings per share (EPS) compared to $0.51...
Chip maker Micron Technology is expected to release its quarterly earnings report at the end of the month, and most analysts agree that the numbers won’t be good. However, that is still not the reason to bail on the company’s stock, according to Citigroup’s...
