FX.co ★ Micron Technology Q4 Earnings Summary

Here are the earnings highlights for Micron Technology (MU) for Q4:

Net Earnings: $887 million compared to a loss of $1.430 billion in the same period last year.

Earnings Per Share (EPS): $0.79, up from a loss of $1.31 in the same period last year. Adjusted for certain items, Micron Technology reported earnings of $1.342 billion or $1.18 per share for the quarter, exceeding analysts' projections of $1.13 per share.

Revenue: $7.750 billion, up from $4.010 billion in the same period last year.

Guidance for Next Quarter:

• EPS expected between $1.66 and $1.82
• Revenue projected between $8.50 billion and $8.90 billion