Micron Shares Fall After Hours On Earnings Beat, Sales Miss

SAN FRANCISCO – 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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