Micron said it reported fiscal Q4 2024 revenue of $7.75 billion (versus $6.81 billion for the prior quarter and $4.01 billion for the same period last year), GAAP net income of $887 million, or $0.79 per diluted share. Non-GAAP net income was $1.34 billion.

1. 01

   Micron said it reported fiscal Q4 2024 revenue of $7.75 billion (versus $6.81 billion for the prior quarter and $4.01 billion for the same period last year), GAAP net income of $887 million, or $0.79 per diluted share. Non-GAAP net income was $1.34 billion.

2. 02

   The company said full-year fiscal 2024 revenue was $25.11 billion, compared with $15.54 billion in the prior year. Full-year GAAP net income was $778 million, and non-GAAP net income was $1.47 billion.

3. 03

   The company said operating cash flow for the full year was $8.51 billion ($1.56 billion in the prior year), net capital expenditures were $8.12 billion, and adjusted free cash flow was $386 million. Cash, marketable investments, and restricted cash at year-end totaled $9.16 billion.

4. 04

   Micron gave GAAP guidance for fiscal Q1 2025 revenue of $8.70 billion ± $200 million and diluted earnings per share of $1.54 ± $0.08. The company also said its board declared a quarterly dividend of $0.115 per share.

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Original filing

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