secwatch.observer — SEC 8-K summary
======================================

Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0000723125-23-000071
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000071/0000723125-23-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312523000071/mu-20231220.htm
  HTML page:      https://secwatch.observer/filing/0000723125-23-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer