Index Investing News
Saturday, May 31, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

MU Earnings: Micron slips to a net loss in Q3; revenues decline

by Index Investing News
June 29, 2023
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Chipmaker Micron Technology Inc. (NASDAQ: MU) reported a loss for the third quarter of 2023, compared to a profit last year. The bottom line was negatively impacted by a sharp fall in revenues.

The company reported an adjusted loss per share of $1.43 for the May quarter, compared to earnings of $2.59 per share in the corresponding period of fiscal 2022. On an unadjusted basis, the net loss was $1.90 billion or $1.73 per share in Q3, compared to a net income of $2.63 billion or $2.34 per share in the prior-year quarter.

The weak bottom line performance reflects a 57% fall in net revenues to $3.75 billion. All the main operating segments contracted during the three-month period.

Prior Performance



Source link

Tags: DeclineEarningslossMicronnetRevenuesslips
ShareTweetShareShare
Previous Post

Hollywood Concerned As They’re Running Out Of Beloved Movie Heroes To Turn Into Sad, Pathetic Old Failures

Next Post

PINS, CCL, GIS, NFLX and more

Related Posts

Can Costco (COST) stay resilient towards tariff headwinds this yr?

Can Costco (COST) stay resilient towards tariff headwinds this yr?

by Index Investing News
May 31, 2025
0

Costco Wholesale Company (NASDAQ: COST) this week reported larger gross sales and revenue for the third quarter, regardless of tariff-related...

This is the reason Jamie Dimon is at all times so gloomy on the financial system

This is the reason Jamie Dimon is at all times so gloomy on the financial system

by Index Investing News
May 31, 2025
0

Jamie Dimon, CEO of JPMorgan Chase, testifies through the Senate Banking, Housing and City Affairs Committee listening to titled Annual...

What to search for when Signet Jewelers (SIG) stories Q1 2026 earnings outcomes

What to search for when Signet Jewelers (SIG) stories Q1 2026 earnings outcomes

by Index Investing News
May 30, 2025
0

Shares of Signet Jewelers Restricted (NYSE: SIG) have been down 1% on Friday. The inventory has gained 26% over the...

Did a Secret Courtroom Simply Halt Trump’s Tariffs?

Did a Secret Courtroom Simply Halt Trump’s Tariffs?

by Index Investing News
May 30, 2025
0

Final Friday, I walked out of the grocery retailer shaking my head. I had simply picked up a bottle of...

What a federal commerce courtroom block on Trump tariffs means for shoppers

What a federal commerce courtroom block on Trump tariffs means for shoppers

by Index Investing News
May 30, 2025
0

President Donald Trump holds a chart as he proclaims a plan for tariffs on imported items throughout an occasion April...

Next Post
PINS, CCL, GIS, NFLX and more

PINS, CCL, GIS, NFLX and more

S&P 500 Companies: A Visual Breakdown

S&P 500 Companies: A Visual Breakdown

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Charity tries to provide dignity as well as food as cost of living soars

Charity tries to provide dignity as well as food as cost of living soars

December 25, 2022
Part 2′ Soars As an Epic Sci-Fi Sequel

Part 2′ Soars As an Epic Sci-Fi Sequel

March 2, 2024
Morocco survivors seek aid as earthquake toll passes 2,100 By Reuters

Morocco survivors seek aid as earthquake toll passes 2,100 By Reuters

September 10, 2023
Former child-care worker in Australia faces more than 1,600 abuse charges, police say

Former child-care worker in Australia faces more than 1,600 abuse charges, police say

August 1, 2023
Feminine govt workers or pensioner can deny estranged partner household pension throughout authorized proceedings

Feminine govt workers or pensioner can deny estranged partner household pension throughout authorized proceedings

July 31, 2024
How Erling Haaland’s first three Premier League games compares to 2022/23

How Erling Haaland’s first three Premier League games compares to 2022/23

August 28, 2023
Why Expert Negotiators Love to Hear “No”

Why Expert Negotiators Love to Hear “No”

November 3, 2022
MiB: Anat Admati on Laws and Techlash

MiB: Anat Admati on Laws and Techlash

August 6, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In