Take a look at some of the most important engines on the previous market: Conagra Brands (CAG): The food producer reported quarterly earnings of 75 cents a share, 9 cents a share above estimates. Revenue also exceeded consensus, and Conagra gave a forecast range of earnings for the current quarter …
Read More »Micron Earns Profits on Strong Third Quarter Earnings Report and Continuing Demand for Memory Chips
Text size Photograph by Tomohiro Ohsumi / Bloomberg Shares of Micron Technology rose Monday night, after the memory chip maker reported third-quarter tax earnings and sales that exceeded guidance released by the company just a month ago. Micron shares (ticker: MU) rose 6% in the extended session. Shares closed 1.4% …
Read More »Micron shows how the cloud is saving chip makers
Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
Read More »Micron Shares After Third Quarter Results Exceed Estimates
Micron technology (MU) – Get report it rose Monday after hours after the chipmaker reported fiscal third-quarter results above expectations. For the quarter ended May 28, the Boise, Idaho company reported earnings of 71 cents a share, or 82 adjusted cents, compared to 74 cents in the prior-year quarter. Revenue …
Read More »Micron earnings show memory sales surge, forecast suggests more of the same as stocks surge
Shares of Micron Technology Inc. rose on Monday after the memory chip maker said sales increased in the third quarter and are expected to exceed expectations in the last period of its fiscal year. Micron MU, + 1.35% reported third-quarter net income of $ 803 million, or 71 cents per …
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