Micron Earnings, Revenue beat In Q4

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Micron Earnings, Revenue beat In Q4
Credit: © Reuters.

Investing.com - Micron (NASDAQ: MU ) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Micron announced earnings per share of $2.42 on revenue of $8.27B. Analysts polled by Investing.com anticipated EPS of $2.33 on revenue of $8.22B.

Micron shares are down 2% from the beginning of the year and are trading at $69.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 15.97% from the start of the year.

Micron shares lost 4.36% in after-hours trade the report.

Micron follows other major Technology sector earnings this month

Micron's report follows an earnings beat by Adobe on Tuesday, September 21, 2021, who reported EPS of $3.11 on revenue of $3.94B, compared to forecasts EPS of $3.01 on revenue of $3.89B.

Oracle had beat expectations on Monday, September 13, 2021 with first quarter EPS of $1.03 on revenue of $9.73B, compared to forecast for EPS of $0.9726 on revenue of $9.76B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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