Micron Q4 revenue $7.75B (+93% YoY), sees record Q1 FY2025 revenue of ~$8.7B

MICRON TECHNOLOGY INC

2024-FY EPS reported $0.70 revenue$25,111,000,000

GAAP net income $887M ($0.79 diluted EPS); non-GAAP net income $1.34B ($1.18 EPS).
Fiscal 2024 revenue $25.11B (up from $15.54B); GAAP net income $778M vs. loss $5.83B prior year.
Record data center DRAM and NAND revenue; data center SSD quarterly sales exceeded $1B for first time.
Q1 FY2025 guidance: revenue $8.7B ± $200M, non-GAAP gross margin 39.5%, non-GAAP EPS $1.74 ± $0.08.
Board declared quarterly dividend of $0.115 per share, payable Oct 23, 2024 to holders of record Oct 7.

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