---
schema_version: "secwatch.filing_event.v1"
accession: "0000723125-23-000071"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T10:14:46.667825+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Micron Q1 FY2024 revenue $4.73B, net loss $1.23B; guides Q2 rev ~$5.3B

## Summary
- Revenue $4.73B, up from $4.01B prior quarter and $4.09B year ago.
- GAAP net loss $1.23B ($1.12 diluted EPS); non-GAAP net loss $1.05B ($0.95 EPS).
- Operating cash flow $1.40B; adjusted free cash flow negative $333M.
- Q2 FY2024 guidance: revenue $5.30B ± $200M, GAAP gross margin 12.0%.
- Quarterly dividend $0.115/share, payable Jan 18, 2024, record Jan 2.

## SEC filing metadata
- accession: 0000723125-23-000071
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723125/000072312523000071/0000723125-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000072312523000071/mu-20231220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723125-23-000071
- JSON: https://secwatch.observer/filing/0000723125-23-000071.json
- Plain text: https://secwatch.observer/filing/0000723125-23-000071.txt

## Key facts
- Earnings Releases
  MICRON TECHNOLOGY INC reported first quarter of fiscal 2024 ended November 30, 2023 results: revenue $4.73 billion, net income GAAP net loss of $1.23 billion, EPS $1.12 per diluted share. Guidance initiated.
  - Period: first quarter of fiscal 2024 ended November 30, 2023
  - Revenue: $4.73 billion
  - Net income: GAAP net loss of $1.23 billion
  - EPS: $1.12 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2024, which ended November 30, 2023. Fiscal Q1 2024 highlights • Revenue of $4.73 billion versus $4.01 billion for the prior quarter and $4.09 billion for the same period last year • GAAP net loss of $1.23 billion, or $1.12 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/723125/000072312523000071/0000723125-23-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.