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.
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