Micron shares wobble after strong Q4 results and Q1 guidance
In short
Micron shares moved around after hours even though the company reported strong fourth-quarter results and first-quarter guidance. The report says DRAM revenue jumped 343% from a year ago to $39.8 billion and made up 73% of total sales.
This matters because investors are watching whether the chip maker’s growth can keep going. The report does not provide the full earnings numbers or say how the stock finished the extended session.
What the reporting says
Micron shares wavered in extended trading despite strong fourth-quarter results and first-quarter guidance, according to the market report. The only figure provided says Micron’s DRAM revenue rose 343% from a year earlier to $39.8 billion and accounted for 73% of total sales. The report does not give the full earnings figures or say whether the after-hours move held into the next session.
Why it matters
Micron shares wavered in extended trade despite strong fourth-quarter results and first-quarter guidance. The reported DRAM revenue increase of 343% year on year to $39.8 billion, making up 73% of total sales, points to a sharp business mix shift in memory chips. The report does not provide the full earnings release or the reason for the post-close volatility.