Micron Tech 3Q Loss/Share 29 Cents

@ 2007/06/29
Micron Technology Inc. (MU) on Thursday reported a fiscal third-quarter loss of $225 million, or 29 cents a share, on revenue of $1.3 billion.

During the same period a year ago, the developer of NAND flash and DRAM memory chip technology earned $88 million, or 12 cents a share, on $1.31 billion in revenue.

Comment from Sidney @ 2007/06/29
No sh*t, it translates to loss of 17 cents on every dollar of sale.

 

 

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