March 20, 2019 / 8:12 PM / 6 months ago

Chipmaker Micron beats revenue estimates

March 20 (Reuters) - U.S. chipmaker Micron Technology Inc beat analysts' estimates for quarterly revenue on Wednesday, getting a lift from demand for its memory chips used in data centers.

Net income attributable to the company fell to $1.62 billion, or $1.42 per share, in the second quarter ended Feb. 28, from $3.31 billion, or $2.67 per share, a year earlier.

Revenue fell to $5.84 billion from $7.35 billion.

Analysts on average had expected Micron to report revenue of $5.82 billion, according to IBES data from Refinitiv. (Reporting by Sayanti Chakraborty in Bengaluru; Editing by Sriraj Kalluvila)

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