Micron Shares Fall After Hours On Earnings Beat, Sales Miss

MarketWatch Pulse

Micron Technology Inc. shares fell in the extended session Tuesday as the chip maker's quarterly earnings topped Wall Street estimates but revenue didn't. Micron shares fell 5.4% to $31.09 on heavy volume. The company reported adjusted fiscal first-quarter earnings of 97 cents a share on revenue of $4.57 billion. Analysts surveyed by FactSet expected 92 cents a share on revenue of $4.61 billion.

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