Micron Technology Inc. expects about $7.65 billion in revenue this quarter, missing Wall Street targets.
The company said it expects to make $1.90 to $2.10 a share this quarter, or $2 to $2.20 a share on an adjusted basis, on $7.45 billion to $7.85 billion in revenue.
Analysts surveyed by FactSet expect $2.44 a share, or $2.53 a share as adjusted, and about $8.54 billion in revenue.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.