Categories AlphaGraphs, Earnings, Technology
Micron (MU) reports wider adj. loss for Q1 2024; revenue up 16%
Chipmaker Micron Technology Inc. (NASDAQ: MU) said its net loss, on an adjusted basis, widened year-over-year in the first quarter of 2024. Revenues were up 16%.
Excluding special items, net loss came in at $0.95 per share in the November quarter, compared to a loss of $0.04 per share in the year-ago quarter. On an unadjusted basis, the net loss was $1.23 billion or $1.12 per share in Q1, vs. a loss of $195 million or $0.18 per share in the same period of 2023.
Total revenues were $4.73 billion in the first three months of the fiscal year, compared to $4.09 billion in the corresponding period of the previous year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Important takeaways from Domino’s Pizza’s (DPZ) Q3 2024 report
Domino’s Pizza, Inc. (NYSE: DPZ) reported mixed results for the third quarter of 2024, with earnings beating and revenues slightly missing estimates. The company has been able to improve its
Main takeaways from Delta Air Lines’ (DAL) Q3 2024 earnings report
Shares of Delta Air Lines (NYSE: DAL) stayed red on Thursday after the company delivered mixed results for the third quarter of 2024. Earnings missed expectations while revenue came in
Infographic: Domino’s Pizza Q3 2024 earnings beat estimates
Fast-food chain Domino’s Pizza (NYSE: DPZ) reported higher third-quarter revenues and a net profit that is broadly unchanged year-over-year. Meanwhile, earnings came in above Wall Street's forecasts. The company reported
