Micron Technology, Inc. (MU)
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.
Micron 3Q profits and revenues top estimates
Micron Technology Inc (NASDAQ:MU) has reported better-than-expected financial results for the fiscal third quarter as it benefited from surging demand for its memory chips for AI applications. Revenue for the three months ending May 30 was $6.81 billion, up from $3.75 billion in the year-ago quarter and ahead of estimates of $6.7 billion.
Micron shares slide after revenue forecast fails to top estimates
Micron shares fell almost 8% on Wednesday despite better-than-expected quarterly results from the chipmaker. Guidance was inline with estimates.
Micron Technology beats estimates for third-quarter revenue
Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory chips from the booming AI industry and improved pricing in other markets.
Micron (MU) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
After losing some value lately, a hammer chart pattern has been formed for Micron (MU), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
