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Micron loses $777 million as prices sag (access required)

by admin
Published: April 2,2008
Time posted: 1:00 am

Micron Technology Inc. on April 2 reported a second-quarter loss of $777 million, or $1.01 per share, compared to a loss of $52 million in the year-earlier quarter.Revenue totaled $1.36 billion, down from $1.43 billion a year earlier.Micron’s second-quarter loss was 41 cents per share excluding one-time items.Analysts polled by Thomson Financial expected a loss ...



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