Micron raises third-quarter revenue forecast

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Micron Technology Inc raised its revenue forecast for the third quarter on Wednesday to a range of US$5.2 billion to US$5.4 billion from US$4.6 ...

Micron Technology Inc raised its revenue forecast for the third quarter on Wednesday to a range of US$5.2 billion to US$5.4 billion from US$4.6 billion to US$5.2 billion, sending its shares about 3per cent higher.

The memory chipmaker said in a regulatory filing https://www.sec.gov/ix?doc=/Archives/edgar/data/723125/000072312520000053/mu-20200527.htm that it expected adjusted earnings between 75 cents per share and 80 cents per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hugo Boss sees recovery in third quarter at earliestHugo Boss expects a recovery in its business in the third quarter at the earliest due to store closures and consumer caution during the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Coronavirus: Supercar maker McLaren to cut 1,200 jobsThe Surrey-based Formula 1 team-owner will lay off around a quarter of its workforce.
Source: YahooSG - 🏆 3. / 71 Read more »

Certis debuts AI technology to identify Aedes mosquitoes, forecast dengue hot spots in SingaporeSINGAPORE — Artificial intelligence (AI) is being used to recognise mosquito species fast and help fight dengue fever in Singapore, where the number of cases of the mosquito-borne disease has hit a four-year high.
Source: TODAYonline - 🏆 1. / 99 Read more »

Luxury homebuilder Toll Brothers scraps 2020 forecast on COVID-19 woesU.S. luxury homebuilder Toll Brothers Inc on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China Sunsine Chemical to record lower revenue, profit for FY2020 on Covid-19 impactSPECIALITY rubber chemicals producer China Sunsine Chemical Holdings announced in a bourse filing late on Tuesday that the group is expected to record lower revenue and profit for FY2020 than it did for the preceding financial year ended Dec 31, 2019. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

JPMorgan CEO: bank will again boost credit reserves in second quarterJPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »