Micron Technology, Inc (NASDAQ:MU)’s stock has hit a higher notch after the reports that it had actually exited the stakes in the Japanese Chip makers. According to a statement made by one of the high end manufacturers’ top executive, the provider’s shares had instantly shot up by 1% on the Monday afternoon. The business dealing […]
Micron Technology Inc (NASDAQ:MU)
Micron Technology, Inc. (NASDAQ:MU) Reports 1QFY16 Results, Revenues Down To $3.35 Billion
Micron Technology, Inc. (NASDAQ:MU) announced financial results for the recently concluded 1QFY16. As per the reports, revenues witnessed a downfall of 7% and came down to $3.35 billion as compared to the previous quarter. On a YOY basis, revenues plunged 27%. Insights of Financial Results Cash flow from operations for the quarter was $1.12 billion. […]
