Micron released a report on Tuesday with fourth-quarter results that beat analysts. Revenue was above forecasts.
The company posted earnings per share of $ 1.08 and earnings of $ 6.06B. Analysts surveyed by Investing.com had projections of $ 0.99 EPS and $ 5.9B total earnings
Micron shares unchanged 0.57% traded at $ 51.00 in after market close, according to the report.
This year, Micron shares fell 5% and performed worse than the S&P 500 average, rising 3% YTD.
Micron Follows the General Trend of the Technology Sector This Month
On September 15, Adobe posted $ 2.57 third quarter earnings, $ 3.23B profit, versus $ 2.41 EPS forecast on $ 3.16B total earnings
Oracle Earnings Beat Analyst Expectations Sept 10 First Quarter, $ 0.93 Quarter EPS on $ 9.37B Total Earnings Investing.com analysts previously predicted $ 0.86 per share on $ 9.17B total earnings
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