Micron earnings top estimates, issues mixed guidance
Yahoo Finance -

Micron Technology's (MU) fourth quarter results were better than analysts were expecting. The memory and storage company reported a smaller adjusted loss than expected, ($1.07) per share compared to the ($1.18) estimate. Revenue of $4.01 billion topped Street estimates of $3.93 billion. First quarter earnings guidance of ($1.00-$1.14) missed expectations of ($0.96), however, Synovus Trust Senior Portfolio Manager Daniel Morgan points out that the company's revenue guidance was higher than...

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