offline
Micron's (MU) Shares Gain on Q3 Earnings Beat, Upbeat Guidance
Micron’s MU shares rallied nearly 6% yesterday during the extended trading session after the company reported better-than-expected results for third-quarter fiscal 2020.
The company’s fiscal third-quarter non-GAAP earnings per share of 82 cents beat the Zacks Consensus Estimate by 5.1% and surpassed its guided range of 75-80 cents as well. Nonetheless, non-GAAP earnings registered a year-over-year decline of 21.9%.
Quarterly revenues of $5.44 billion outpaced the consensus mark of $5.32 billion and increased 13.6% from the year-ago quarter’s $4.79 billion. The memory chip maker’s revenues also came in line with the higher-end of management’s guided range of $5.2-$5.4 billion.
...
https://finance.yahoo.com/news/microns-m...11038.html
![[Bild: MUc1dl0621.png]](https://finviz.com/publish/070220/MUc1dl0621.png)
Micron’s MU shares rallied nearly 6% yesterday during the extended trading session after the company reported better-than-expected results for third-quarter fiscal 2020.
The company’s fiscal third-quarter non-GAAP earnings per share of 82 cents beat the Zacks Consensus Estimate by 5.1% and surpassed its guided range of 75-80 cents as well. Nonetheless, non-GAAP earnings registered a year-over-year decline of 21.9%.
Quarterly revenues of $5.44 billion outpaced the consensus mark of $5.32 billion and increased 13.6% from the year-ago quarter’s $4.79 billion. The memory chip maker’s revenues also came in line with the higher-end of management’s guided range of $5.2-$5.4 billion.
...
https://finance.yahoo.com/news/microns-m...11038.html
__________________
