UPDATE 2-Micron earnings beat view but revenues disappoint

* Q3 loss 36 cents versus Street View of 41 cents loss

* Q3 revenue $1.11 bln vs Street $1.18 bln

* Shares fall more than 4 pct after-hours (Adds earnings comparison, updates shares)

SAN FRANCISCO, June 25 (Reuters) - Micron Technology Inc (MU.N) reported lower-than-expected revenues as part of its 10th straight quarterly loss and shares of the top U.S. maker of memory chips slid more than 4 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.

That was better than the loss of 41 cents a share expected on average by analysts, according to Reuters Estimates, but revenues fell to $1.11 billion from $1.5 billion a year ago, and below the $1.18 billion analysts had expected.

Micron said its memory chip production in the third quarter was "significantly higher" than in the preceding quarter.

Gross profit margins improved as Micron's cost of goods sold fell to $999 million from $1.45 billion due in part to a "significant" reduction in manufacturing costs per gigabit of memory, Micron said.

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