Micron Technology Inc , the largest U.S. maker of computer memory chips, reported its tenth consecutive quarterly loss on Thursday as revenue fell, sending its shares down nearly 5 percent.

For its fiscal third quarter that ended June 4, the company had a net loss of $290 million, or 36 cents per share, compared to a net loss of $236 million, or 30 cents per share, a year earlier.

Revenue fell to $1.11 billion from $1.5 billion a year ago, and below the $1.18 billion expected on average by analysts, according to Reuters Estimates.

The shares fell 4.7 percent to $5.05 in after-hours trading after closing up 3.1 percent at $5.30 in regular-session trade on the New York Stock Exchange.

The Boise, Idaho-based company has been hurt by a glut of DRAM, or dynamic random access memory, chips as demand for computers has declined because of the worldwide economic downturn.

(Reporting by Philipp Gollner; Editing by Tim Dobbyn)

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