secwatch.observer — SEC 8-K summary
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Issuer:     MICRON TECHNOLOGY INC (MU)
CIK:        0000723125
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0000723125-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Micron Q1 record rev $8.71B, GAAP EPS $1.67, non-GAAP $1.79; data center rev up >400% YoY
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- Revenue $8.71B (record), up 12% QoQ and 84% YoY; GAAP net income $1.87B, diluted EPS $1.67.
- Non-GAAP net income $2.04B, diluted EPS $1.79; operating cash flow $3.24B.
- Data center revenue grew over 40% sequentially and over 400% YoY, now >50% of total revenue.
- Guidance for Q2 FY2025: revenue ~$7.9B, GAAP gross margin 37.5%, GAAP diluted EPS $1.26; non-GAAP EPS $1.43.
- Quarterly dividend declared $0.115 per share, payable Jan 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723125/000072312524000046/0000723125-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723125/000072312524000046/mu-20241218.htm
  HTML page:      https://secwatch.observer/filing/0000723125-24-000046

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