Investing.com – Micron (NASDAQ:) noted on Monday 3rd quarter that beat analysts’ forecasts and revenue that topped anticipations.
Micron introduced earnings for each share of $.82 on revenue of $5.44B. Analysts polled by Investing.com predicted EPS of $.75 on revenue of $5.26B.
Micron shares are down 8% from the starting of the calendar year and are buying and selling at $52.35 , down-from-52-week-high.They are underneath-executing the which is down 5.5% yr to date.
Micron shares received 6.51% in soon after-several hours trade the report.
Micron follows other main Technology sector earnings this thirty day period
Micron’s report follows an earnings conquer by Adobe on Thursday, June 11, 2020, who reported EPS of $2.45 on revenue of $3.13B, in contrast to forecasts EPS of $2.32 on revenue of $3.16B.
Oracle had conquer expectations on Tuesday, June 16, 2020 with fourth quarter EPS of $1.2 on revenue of $10.44B, compared to forecast for EPS of $1.14 on revenue of $10.45B.
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