Micron Technology Misses 3Q15 Earnings Expectations

On June 25, 2015, Micron Technology (MU) reported its 3Q15 earnings results. The company missed the top line (revenues) as well as the bottom line (earnings) for fiscal 3Q15. Micron’s non-GAAP (generally accepted accounting principles) revenue and non-GAAP EPS (earnings per share) of $3.85 billion and $0.54, respectively, fell short of consensus estimates of $4.45 billion and $0.57 per share, respectively.

Read the source article at Yahoo Finance

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s