Micron Technology Inc. (MU) reported a second quarter loss of $0.28 per share after the bell Thursday, compared to the loss of $0.29 per share last year. The consensus estimate was for a loss of $0.19. Revenues totaled $2.08 billion, up from $2.01 billion last year. Analysts expected revenues of $1.92 billion. The stock is now up 0.26 on 2 million shares.
Micron Technology traded to the downside for the bulk of Thursday's session and closed lower by 0.24 at $9.07. The stock closed at the lower end of a 2-week range at the highs of the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.