Micron shares fall after revenue forecast misses estimates

Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC at the New York Stock Exchange (NYSE) in New York, United States, April 26, 2024.

Brendan McDermid | Reuters

Micron shares fell about 5% in extended trading Wednesday, as investors looked past better-than-expected results and instead focused on a revenue forecast in line with estimates.

Here are the company’s results compared to LSEG consensus estimates for the fiscal third quarter ended May 30:

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