Here are the earnings highlights for Micron Technology (MU) for Q4:
Net Earnings: $887 million compared to a loss of $1.430 billion in the same period last year.
Earnings Per Share (EPS): $0.79, up from a loss of $1.31 in the same period last year. Adjusted for certain items, Micron Technology reported earnings of $1.342 billion or $1.18 per share for the quarter, exceeding analysts' projections of $1.13 per share.
Revenue: $7.750 billion, up from $4.010 billion in the same period last year.
Guidance for Next Quarter:
- EPS expected between $1.66 and $1.82
- Revenue projected between $8.50 billion and $8.90 billion
