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Msg  9728 of 10322  at  9/29/2022 4:13:44 PM  by

steady

The following message was updated on 9/29/2022 4:14:10 PM.

MU Micron beats estimates but lowers guidance

- story on Bloomberg news now. stock taking a small hit in the ah's.

Micron forecasts first-quarter revenue below estimates
By Reuters
4:03 PM ET 09/29/22
Sept 29 (Reuters) - Memory chipmaker Micron Technology (MU.NaE) forecast first-quarter revenue below Wall Street estimates on Thursday as demand from its key end markets including PCs and smartphones worsen amid rising worries about an economic downturn.

The company forecast adjusted current-quarter revenue to be $4.25 billion, plus or minus $250 million. Analysts on average expected revenue to be $5.62 billion, according Refinitiv data.


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Msg # Subject Author Recs Date Posted
9730 Re: MU Micron beats estimates but lowers guidance guiltlesstrader 0 9/30/2022 10:51:50 AM




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