On December 18 local time, Micron Technology revealed in its after-hours Earnings Reports that, due to weak demand for Smart Phones and personal computers, it expects revenue for this fiscal quarter to be around $7.9 billion, while the average Analyst estimate was $8.99 billion. The company expects the EPS, excluding certain items, to be no more than $1.53, significantly lower than the Analyst estimate of $1.92. Its stock price once plunged about 18% in after-hours trading.
美光科技营收展望不及分析师预期，股价盘后一度重挫约18%
Micron Technology's revenue outlook fell short of Analyst expectations, and the stock price dropped about 18% in after-hours trading.
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