Micron shares slide after revenue forecast fails to top estimates
MUMicron Technology(MU) CNBC·2024-06-27 04:29

Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Micron shares fell almost 8% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was inline with estimates. Here's how the company did versus LSEG consensus estimates: Earnings per share: 62 cents adjusted, vs. 51 cents expected Revenue: $6.81 billion, v ...