secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0000723125-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312524000023/0000723125-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312524000023/mu-20240925.htm
  HTML page:      https://secwatch.observer/filing/0000723125-24-000023

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