Micron Technology Q4 Adj. EPS $(1.07) Beats $(1.18) Estimate, Sales $4.01B Beat $3.91B Estimate
Portfolio Pulse from Benzinga Newsdesk
Micron Technology reported Q4 adjusted EPS of $(1.07), beating the estimate of $(1.18), and sales of $4.01B, beating the estimate of $3.91B. However, this represents a 173.79% decrease in earnings and a 39.64% decrease in sales compared to the same period last year.
September 27, 2023 | 8:02 pm
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Micron Technology's Q4 results beat estimates but show significant year-over-year decreases. This could lead to mixed reactions in the market.
While Micron Technology beat estimates for Q4, the significant year-over-year decreases in earnings and sales could lead to uncertainty in the market. Investors may be pleased with the beat, but concerned about the overall downward trend.
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RELEVANCE 100