Micron fourth quarter loss widens as sales fall

(Reuters) - Chipmaker Micron Technology Inc posted a bigger loss and lower sales for the fourth quarter.

The company reported a net loss of $243 million, or $0.24 per share, its fifth straight quarterly loss.

It had a loss of $135 million, or $0.14 per share, a year earlier.

Sales fell to $2 billion from $2.1 billion a year ago.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sreejiraj Eluvangal)

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