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Micron Technology misses expectations, reducing headcount by 10% through 2023
December 21, 2022 4:18 PM EST(Updated - December 21, 2022 4:25 PM EST)
Micron Technology (NASDAQ: MU) shares edged lower after-hours Wednesday after the company posted its fiscal first-quarter earnings, which missed analyst consensus expectations.
The semiconductor manufacturing firm posted an adjusted loss per share of $0.04, wider than expectations of a $0.01 loss per share, while revenue came in at $4.09 billion, missing the consensus estimate of $4.15... More
