Micron Technology Inc. reported its fiscal fourth-quarter results Thursday after the bell. Here’s a rundown of the report.
What Happened
Micron reported fourth-quarter revenue of $6.64 billion, which missed average analyst estimates of $6.68 billion, according to Benzinga Pro. The company’s top-line results were down from $8.64 billion year-over-year.Micron reported quarterly adjusted earnings of $1.45 per share, which beat average estimates of $1.30 per share.
