
"Performance" Micron Tech's first fiscal quarter revenue beats expectations, stock price rises 5% after hours
Micron Tech (MU.US) announced that for the first fiscal quarter ending November 27, earnings per share were $4.78, exceeding market expectations of $3.96; revenue reached $13.6 billion, also higher than the expected $12.9 billion. The stock price rose 5% in after-hours trading.
The company also stated that it expects revenue for the current fiscal quarter to be between $18.3 billion and $19.1 billion, with a median of $18.7 billion, higher than the expected $14.3 billion

