Micron posts another big quarterly loss

Micron posts another big quarterly loss

Micron posts another big quarterly loss

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by KTVB

KTVB.COM

Posted on September 27, 2012 at 4:46 PM

BOISE -- Micron posted another quarterly loss for its fourth quarter.

The net loss was $243 million, or 24 cents per share.

That's compared to a net loss of $320 million, or 32 cents per share for the third quarter for 2012.

Micron CEO Mark Durcan acknowledged difficult market conditions in 2012, and said that the focus for 2013 is to drive additional cost reductions and advance memory technology.

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