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in Tech

Micron shares slide after revenue forecast fails to top estimates

by Editor June 27, 2024, 2:10 am 1.4k Views

Micron shares slide after revenue forecast fails to top estimates

Sanjay Mehrotra, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022.

Adam Galica | CNBC

Micron shares fell about 7% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was in line with estimates.

Here’s how the company did versus LSEG consensus estimates for the fiscal third quarter ended May 30:

Earnings per share: 62 cents…

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Posted by Editor

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