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Chipmaker Micron posts net loss as PC industry drags

US-MICRON-RESULTS:Chipmaker Micron posts net loss as PC industry drags

(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.

(Reporting by Noel Randewich; Editing by Phil Berlowitz)

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