The company Micron Technology has recorded a quarterly loss



The largest U.S. producer of microchips Micron Technology, presented the financial results for the second fiscal quarter ended March 3.

According to the report of the company, the loss amounted to $97 million, or 9 cents a share, compared with a profit of $934 million, or 78 cents a year earlier paper. Thus except for certain items, the loss was 5 cents per share, while analysts had forecast a loss of 8 cents per paper.

Revenue for the period was decreased by 29.6% to $2.93 billion and fell short of market expectations at $3,05 billion



The company Micron Technology has recorded a quarterly loss 31.03.2016

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