Wall Street Mixed on Micron (MU) after Q4, Better NAND Offset by Weak DRAM
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Micron (MU) Misses Q4 Views as Flash Memory Sales Slump; Looks for More Cost Cuts into FY13
September 27, 2012 4:20 PM EDTShares of Micron Technology (Nasdaq: MU) are trading lower in the after-hours session amid worse-than-expected results for its fiscal fourth-quarter report.
Sales in the quarter fell 8.3 percent to $1.96 billion, versus the consensus of $2.13 billion.
The Company also widened its net loss... More
Micron Technology, Inc. (MU) Misses Q4 EPS by 2c
September 27, 2012 4:03 PM EDTMicron Technology, Inc. (NASDAQ: MU) reported Q4 EPS of ($0.24), $0.02 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $2.13 billion.
The Estimize consensus was $-0.26 and $2.09 billion, respectively.
For earnings history and earnings-related data on Micron Technology, Inc. (MU) click here.... More
