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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Micron Technology Inc | NASDAQ:MU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-3.12 | -2.76% | 109.84 | 109.83 | 109.86 | 112.34 | 108.75 | 110.52 | 6,708,426 | 17:28:57 |
By Allison Prang
Net income and revenue at Micron Technology Inc. (MU) fell but both came in above what analysts were guiding.
Micron had net income of $491 million, down 85% from the comparable quarter a year ago. First-quarter earnings were 43 cents a share, down from $2.81 a share.
Adjusted earnings were 48 cents a share, down from $2.97 a share. Analysts polled by FactSet were expecting 47 cents a share.
Revenue was $5.14 billion, down 35%. Analysts were expecting $4.99 billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
December 18, 2019 16:26 ET (21:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Micron Technology Chart |
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