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General

Micron delivers new record highs in Q3

Thursday 21 June 2018 | 08:55 CET | News
Micron Technology delivered another record quarter, with revenues in the third quarter rising 40 percent from the year before to USD 7.80 billion, at the top end of its updated guidance. The net profit meanwhile lifted to USD 3.82 billion or USD 3.10 per diluted share, from 1.65 billion or 1.40 per diluted share. CEO Sanjay Mehrotra attributed the strong quarter demand trends and growth across almost all of the company's high-value product segments. In particular, the CEO said Micron set new records for revenue in SSDs, Mobile Managed NAND and Automotive along with Cloud/Enterprise and

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Categories: General
Companies: Micron Technology
Countries: World
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