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Micron: Half Empty or Half Full (MU) |
| Published: October 2, 2007, 4:25 pm |
| Tags: earnings |
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Micron Technology (NYSE:MU) earnings are out for its quarter-end August 30, 2007: For the fourth quarter of fiscal 2007, the company incurred a net loss of $158 million, or $0.21 per diluted share, on net sales of $1.4 billion. First Call had consensus at -$0.22 EPS and $1.4 Billion in revenues. Most of the commentary isn't exactly a ringing endorsement, but you should be advised that Micron is known for not giving formal targets on many occasions: The company's fourth quarter and fiscal year 2007 results were heavily influenced by industry supply/demand dynamics that depressed average selling prices for memory... [ Full article ] |
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