Micron shares drop more than 7% after missing on revenue

Micron shares drop more than 7% after missing on revenue

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/12/18/micron-shares-drop-more-than-7percent-after-missing-on-revenue.html

Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings.

The company reported $7.91 billion, missing revenue estimates of $8.02 billion. However, it exceeded expectations in earnings, reporting $2.97 per share, beating analysts' expectations of $2.96 per share.

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