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


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