secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2023-09-27T23:59:59+00:00
Accession:  0000723125-23-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000051/0000723125-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000051/mu-20230927.htm
  HTML page:      https://secwatch.observer/filing/0000723125-23-000051

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