Reuters: Technology News: Micron's quarterly revenue beats expectations, shares rise

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Micron's quarterly revenue beats expectations, shares rise Mar 21st 2013, 20:44 Thu Mar 21, 2013 4:14pm EDT (Reuters) - Memory chipmaker Micron Technology posted a quarterly net loss as it struggled with a slowing PC industry. The company reported on Thursday a net loss for the fiscal second quarter of $286 million, or $0.28 per share. It had a loss of $282 million, or $0.29 per share, a year earlier. Revenue rose to $2.1 billion from $2.0 billion a year ago. Analysts on average expected quarterly revenue of $1.922 billion, according to Thomson Reuters I/B/E/S.

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