Micron (MU) Numbers Cut at Piper Jaffray Post Q2; Likes Risk-Reward
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Micron Technology, Inc., Reports Results for the Second Quarter of Fiscal 2015
April 1, 2015 4:09 PM EDTBOISE, Idaho, April 1, 2015 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (Nasdaq: MU) today announced results of operations for its second quarter of fiscal 2015, which ended March 5, 2015. Revenues for the second quarter of fiscal 2015 (a 13-week fiscal quarter) were $4.17 billion and were 9 percent lower compared to the first quarter of fiscal 2015 (a 14-week fiscal quarter) and 1 percent higher compared to the second quarter of fiscal 2014. Cash flows from operations were $1.25 billion for the second quarter of fiscal 2015. The first quarter of fiscal 2015 included an additional week, consistent with the company's 52/53 week fiscal year. On a... More
