Micron Technology: a good end to the year.
(CercleFinance.com) - Published on Wednesday before Wall Street opens, Micron Technology's Q4 results came in above expectations.
The semi-conductor and computer memory maker reported net income of 2.37 billion dollars, or 1.99 dollar per share, against a loss of 170 million dollars, or 16 cents a share, a year earlier. On a diluted basis, it generated EPS of 2.02 dollars, 20 cents above the consensus.
The group also recorded operating income of 2.5 billion dollars, compared to a loss of 32 million dollars a year ago.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The semi-conductor and computer memory maker reported net income of 2.37 billion dollars, or 1.99 dollar per share, against a loss of 170 million dollars, or 16 cents a share, a year earlier. On a diluted basis, it generated EPS of 2.02 dollars, 20 cents above the consensus.
The group also recorded operating income of 2.5 billion dollars, compared to a loss of 32 million dollars a year ago.
Copyright (c) 2017 CercleFinance.com. All rights reserved.