SURPRISE LOSS FORECAST FOR ONGOING QUARTER SENDS MICRON

Surprise Loss Forecast For Ongoing Quarter Sends Micron

Overall, they are expecting to lose between $50 to $120 million, or about 5-12 cents per share. This comes as revenues are expected to fall about $200 million (1) … Jul 1, 2022DRAM and NAND maker Micron reported its highest ever revenues but is forecasting a 13 per cent revenue drop next quarter.(2)

Micron tempers fourth-quarter revenue forecast – Head Topics

Micron forecast adjusted revenue for the current quarter at $7.2 billion, a surprise quarterly loss on Monday, sending its shares down 15 per cent.(3) … By Chavi MehtaMicron Technology cut its current-quarter revenue forecast on Tuesday a surprise quarterly loss on Monday, sending its shares down 15%.(4)

‘Hard Times’ as Big Memory Makers Cut Output on Supply Glut

Sep 29, 2022Micron, the largest US maker of memory chips, reported downbeat earnings on Thursday and forecast quarterly sales that were nearly $2 (5) … Mar 4, 2021Ongoing semiconductor shortages have lit a fire under Micron shares, which are up nearly 19 percent year to date. · This comes on the heels of a (6)

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