Micron tempers fourth-quarter revenue forecast

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 66%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Memory chipmaker Micron Technology said on Tuesday that its fourth-quarter revenue may come in at or below the low end of the forecast range provided on its June 30 earnings call.Micron forecast adjusted revenue for the current quarter at $7.2 billion, plus or minus $400 million. Shares of the comp

Memory chipmaker Micron Technology said on Tuesday that its fourth-quarter revenue may come in at or below the low end of the forecast range provided on its June 30 earnings call. Micron forecast adjusted revenue for the current quarter at $7.

2 billion, plus or minus $400 million.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Palantir cuts revenue forecast, says govt contracts timing 'uncertain':Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise quarterly loss on Monday, sending its shares down 15 per cent.The company had to temper its revenue forecast as the timing of some government contracts remaine
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Palantir forecast cut, surprise loss send shares down 15%:Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise loss on Monday, sending its shares down 15 per cent in trading before the bell.The company had to temper its revenue forecast as the timing of some large gover
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Take-Two forecasts weak annual sales as lack of major titles hits gaming industry:Take-Two Interactive Software Inc on Monday became the latest videogame publisher to forecast weak annual sales, providing further evidence that absence of major releases and easing COVID-19 curbs have reined in the industry's growth.Shares of the New York-based company dropped nearly 7 per cent in extended
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »