{"schema_version":"secwatch.filing_event.v1","accession":"0000723125-22-000070","form_type":"8-K","ticker":"MU","cik":"0000723125","company_name":"MICRON TECHNOLOGY INC","filed_at":"2022-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.361576+00:00","generated_at":"2026-06-21T01:10:55.675231+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Micron reports $195M GAAP net loss in FQ1; plans 10% headcount reduction","bullets":["Revenue of $4.09B, down from $6.64B prior quarter and $7.69B year ago.","GAAP net loss $195M ($0.18 loss per share); non-GAAP net loss $39M ($0.04 loss per share).","Restructuring: headcount cut ~10% in CY2023, with at least $30M in charges next quarter.","Q2 fiscal 2023 guidance: revenue $3.8B±$200M, GAAP EPS loss ($0.79)±$0.10, non-GAAP ($0.62)±$0.10.","Dividend declared $0.115 per share, payable Jan 19, 2023 to holders of record Jan 3, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000723125-22-000070","json":"https://secwatch.observer/filing/0000723125-22-000070.json","markdown":"https://secwatch.observer/filing/0000723125-22-000070.md","text":"https://secwatch.observer/filing/0000723125-22-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723125/000072312522000070/0000723125-22-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723125/000072312522000070/mu-20221221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T01:10:55.675231+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b681a9d51fb0f7fd93dc6416be84de840418bb16","claim":"MICRON TECHNOLOGY INC reported first quarter of fiscal 2023 ended December 1, 2022 results: revenue $4.09 billion, net income $195 million, EPS $0.18 per diluted share. Guidance lowered.","evidence_excerpt":"Fiscal Q1 2023 highlights • Revenue of $4.09 billion versus $6.64 billion for the prior quarter and $7.69 billion for the same period last year • GAAP net loss of $195 million, or $0.18 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723125/000072312522000070/0000723125-22-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023 ended December 1, 2022"},{"label":"Revenue","value":"$4.09 billion"},{"label":"Net income","value":"$195 million"},{"label":"EPS","value":"$0.18 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3497eb12b8bf1e060f3fd4322c0adfa104769a12","claim":"MICRON TECHNOLOGY INC announced a restructuring with charges of at least $30 million (approximately 10%).","evidence_excerpt":"On December 21, 2022 , we announced a restructure plan in response to challenging industry conditions. Under the restructure plan, we expect to reduce our headcount by approximately 10% over calendar year 2023, through a combination of voluntary attrition and personnel reductions. In connection with the plan, we expect to incur charges of at least $30 million in the second quarter of fiscal 2023, substantially all in cash expenditures.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/723125/000072312522000070/0000723125-22-000070-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"at least $30 million"},{"label":"Headcount","value":"approximately 10%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}