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General

Micron sees higher Q4 after stronger than expected Q3

Tuesday 30 June 2020 | 09:44 CET | News
Micron reported higher-than-expected results for its fiscal third quarter to 28 May, with CEO Sanjay Mehrotra citing "exceptional execution" despite challenges in the macro environment. Revenues jumped to USD 5.44 billion from 4.79 billion the year before. The net profit slipped to USD 803 million and USD 0.71 per diluted share from 840 million and 0.74. The adjusted profit amounted to USD 941 million and USD 0.82 per diluted share.

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Categories: General
Companies: Micron Technology
Countries: World
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