By Maria Armental

 

Micron Technology Inc. expects about $7.65 billion in revenue this quarter, missing Wall Street targets.

The company said it expects to make $1.90 to $2.10 a share this quarter, or $2 to $2.20 a share on an adjusted basis, on $7.45 billion to $7.85 billion in revenue.

Analysts surveyed by FactSet expect $2.44 a share, or $2.53 a share as adjusted, and about $8.54 billion in revenue.

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

September 28, 2021 16:26 ET (20:26 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Micron Technology (NASDAQ:MU)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Micron Technology Charts.
Micron Technology (NASDAQ:MU)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Micron Technology Charts.