26.09.2014 - The profit Micron Technologies beat forecasts
American Corporation Micron Technologies has reported a significant increase in profit in the second quarter of the fiscal year. Thus, the profit of the company totaled 1.15 billion dollars, which corresponds to 96 cents per share. Analysts had forecasted a rise in profits to 81 cents per share. At the same time, the company's revenue rose to 4.23 billion dollars. It is worth noting that in the same period of last year memory chip maker earned USD 806 million or 68 cents per share. We recommend buying shares of the company in connection with the growing financial performance and forecast growth of 50-60% per year.