Micron Technology, Inc. (MU)
Here's the good news on Micron even as stock heads for a post-earnings decline
Given all the excitement going into Micron Technology Inc.'s latest earnings report, the company's in-line revenue outlook for the current quarter wasn't enough to satisfy investors.
Wall Street Set For Weak Opening As Tech Rally Falters With Micron, Nvidia Edging Lower: Analyst Says Narrow Market Performance To Persists Unless One Of These Materializes
The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s MU earnings could generate weakness in the tech space.
Micron Knocks It Out Of The Park In Q3 (Rating Upgrade)
Micron beat earnings and revenue expectations for its FQ3, driven by strong demand for AI memory products. Despite strong performance, shares dropped 8% in after-hours trading due to what some saw as a disappointing FQ4 revenue guidance. Micron's growth is driven by increasing demand for memory products, particularly in the HBM business. The outlook is very positive.
Micron tumbles as AI revenue surge falls short of lofty expectations
Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge.
Why Is Micron Stock Down After a Double Earnings Beat?
Micron Technology's stock dropped 7% after the company reported earnings.
Micron investors will have to wait for 2025 for a bigger AI payoff
Amid a forecast that was just on target, some may be concerned by set contracts for HBM chips.
Micron Technology, Inc. (MU) Q3 2024 Earnings Call Transcript
Micron Technology, Inc. (NASDAQ:MU ) Q3 2024 Earnings Conference Call June 26, 2024 4:30 PM ET Company Participants Satya Kumar - IR Sanjay Mehrotra - President and CEO Mark Murphy - CFO Conference Call Participants Krish Sankar - TD Cowen Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Thomas O'Malley - Barclays Christopher Danely - Citi Harlan Sur - JPMorgan Operator Thank you for standing by, and welcome to Micron Technology's Fiscal Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.
Micron's stock falls after earnings as revenue forecast fails to pack big upside
Micron Technology Inc. beat revenue expectations in the latest quarter and logged a sizable profit beat on Wednesday, but its top-line forecast for the current quarter was merely in line with the consensus view at the midpoint.
Micron (MU) Beats Q3 Earnings and Revenue Estimates
Micron (MU) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $1.43 per share a year ago.
Micron Stock Tumbles as Profit, Revenue Outlook Disappoint
Micron Technology (MU) shares tumbled over 5% in extended trading Wednesday after the company reported third-quarter profit that missed analysts' estimates and offered soft revenue guidance.
Memory-Chip Maker Micron Beats Q3 Targets, But In-Line Outlook Disappoints
Memory-chip maker Micron beat Wall Street's targets for its fiscal third quarter, but it disappointed investors with its in-line guidance.
Cash Out! Time to Take Your Profits in These 3 Stock Darlings
Investors are certainly finding no shortage of stock darlings in which to invest right now. However, the list of such hyper-growth stocks has changed quite a bit in recent years.
