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MU / Micron Technology expected to swing to 3Q loss as China sales worries weigh

Micron Technology, Inc will report its fiscal third quarter financial results after the market close on June 28, 2023, with the memory-chip maker expected to realize a loss of $1.71 per share as compared with a per-share profit of $2.59 during the same period last year. The consensus revenue forecast for 3Q is $3.67 billion, down from $8.64 billion a year earlier. Read More

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Content Topics

Micron

Technology

Expected

Swing

Loss

China

Sales

Worries

Stock

MU

Posted: Jun 19 2023, 15:43

Author Name: Proactive Investors

MU News

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