© Reuters Micron Earnings Beat, Revenue Misses In Q4
Investing.com – Micron (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Micron announced earnings per share of $1.45 on revenue of $6.64B. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $6.81B.
Micron shares are down 46% from the beginning of the year, still down 49.20% from its 52 week high of $98.45 set on January 5.
Micron follows other major Information Technology sector earnings this month
Micron’s report follows an earnings beat by Broadcom on September 1, who reported EPS of $9.73 on revenue of $8.46B, compared to forecasts EPS of $9.56 on revenue of $8.41B.
Oracle had missed expectations on September 12 with first quarter EPS of $1.03 on revenue of $11.45B, compared to forecast for EPS of $1.07 on revenue of $11.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Be the first to comment