Thursday, June 27th 2024
Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2024
Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2024, which ended May 30, 2024.
Fiscal Q3 2024 highlights
Business Outlook
The following table presents Micron's guidance for the fourth quarter of 2024:
Source:
Micron IR
Fiscal Q3 2024 highlights
- Revenue of $6.81 billion versus $5.82 billion for the prior quarter and $3.75 billion for the same period last year
- GAAP net income of $332 million, or $0.30 per diluted share
- Non-GAAP net income of $702 million, or $0.62 per diluted share
- Operating cash flow of $2.48 billion versus $1.22 billion for the prior quarter and $24 million for the same period last year
Business Outlook
The following table presents Micron's guidance for the fourth quarter of 2024:
Comments on Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2024
There are no comments yet.