Micron Stock Surges as Company Beats Analyst Estimates in Q3 Earnings Report

2023-06-30 4

Shares of Micron Technology rose after reporting an adjusted loss of $1.43 per share, beating the consensus estimate of a loss of $1.61 per share. Revenue for the quarter slightly surpassed analysts' expectations, and the company forecasted revenue for the current quarter in line with the consensus estimate.