Micron posts smallest revenue decline in a year

Micron posts smallest revenue decline in a year
 

Memory-chip maker Micron Technology Inc reported better-than-expected fourth quarter revenue, which saw its smallest decline in a year, as pricing improves and the personal computer market shows signs of rebound.
Micron forecast first-quarter adjusted profit of 13-21 cents per share, while analysts were expecting a profit of 9 cents, according to Thomson Reuters I/B/E/S. It would represent the company's first profit in three quarters.
The company's share were marginally higher at $17.92 in after-market trading on Tuesday.
Micron, which manufactures DRAM chips used in PCs and NAND flash... read more

 
5 October 2016 in Science &Technology, Views: 77
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
        1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30 31