---
schema_version: "secwatch.filing_event.v1"
accession: "0000723125-24-000004"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T12:31:35.075601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Micron beats Q2 guidance, returns to profitability; revenue $5.82B, EPS $0.71 GAAP

## Summary
- Revenue $5.82B, above guidance high-end; GAAP net income $793M ($0.71 EPS) vs prior Q loss.
- Non-GAAP EPS $0.42; prior Q loss $0.95; gross margin 18.5% GAAP, 20% non-GAAP vs negative prior Q.
- Operating cash flow $1.22B; cash & investments $9.72B; quarterly dividend $0.115/share unchanged.
- Guidance Q3: revenue $6.6B±200M, GAAP EPS $0.17±0.07, non-GAAP EPS $0.45±0.07.

## SEC filing metadata
- accession: 0000723125-24-000004
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723125/000072312524000004/0000723125-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000072312524000004/mu-20240320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723125-24-000004
- JSON: https://secwatch.observer/filing/0000723125-24-000004.json
- Plain text: https://secwatch.observer/filing/0000723125-24-000004.txt

## Key facts
- Earnings Releases
  MICRON TECHNOLOGY INC reported second quarter of fiscal 2024 ended February 29, 2024 results: revenue $5.82 billion, net income $793 million, EPS $0.71 per diluted share.
  - Period: second quarter of fiscal 2024 ended February 29, 2024
  - Revenue: $5.82 billion
  - Net income: $793 million
  - EPS: $0.71 per diluted share
  - Result: reported results
  source text: Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024. Fiscal Q2 2024 highlights • Revenue of $5.82 billion versus $4.73 billion for the prior quarter and $3.69 billion for the same period last year • GAAP net income of $793 million, or $0.71 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/723125/000072312524000004/0000723125-24-000004-index.htm

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