Micron Q3 FY2024 revenue $6.81B beats guidance; AI data center revenue up 50% sequentially

MICRON TECHNOLOGY INC

2024-Q3 EPS reported -$0.10 revenue$17,361,000,000

GAAP net income $332M ($0.30 diluted EPS); non-GAAP net income $702M ($0.62 diluted EPS).
Data center revenue grew 50% sequentially to a record high mix; HBM and SSD segments gain share.
Operating cash flow $2.48B, up from $1.22B prior quarter; adjusted free cash flow $425M.
Q4 FY2024 guidance: revenue $7.6B ± $200M, non-GAAP EPS $1.08 ± $0.08 (above consensus).
Quarterly dividend $0.115 per share declared, payable July 23, 2024 to holders of record July 8.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.