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Analysts Remain Bullish On Micron Despite Lower Than Expected Q3 Outlook
2015-04-04 18:31:04| Semiconductors - Topix.net
Micron Technology's shares jumped 5% in after-hours trading on Wednesday, April 1, after the company posted a better than expected second-quarter earnings report due to tax benefits and modest sales growth during the quarter. Highlights from the report include diluted earnings of $0.81 a share on $4.17 billion in revenue, coming ahead of analysts' expectations of $0.73 earnings per share and $4.15 billion in revenue.
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Category:Electronics and Electrical