Micron posts Q4 GAAP loss $1.43B ($1.31/sh); rev $4.01B, guides Q1 rev ~$4.4B

MICRON TECHNOLOGY INC

2023-FY EPS reported -$5.34 revenue$15,540,000,000

Q4 GAAP net loss $1.43B ($1.31/sh) vs. $1.49B profit year ago; Non-GAAP loss $1.07/sh.
Q4 revenue $4.01B, up from $3.75B Q3, down 40% YoY from $6.64B.
Full year FY23 revenue $15.54B (down 49% from $30.76B); GAAP net loss $5.83B.
Guidance FQ1-24: revenue $4.4B ± $200M, Non-GAAP EPS loss $1.07 ± $0.07.
Q4 op cash flow $249M; capex $1.01B; cash $10.52B; dividend $0.115/sh declared.

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