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Micron Technology, Inc. reported earnings results for the fourth quarter and full year ended August 29, 2024. For the fourth quarter, the company reported sales was USD 7,750 million compared to USD 4,010 million a year ago. Net income was USD 887 million compared to net loss of USD 1,430 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to basic loss per share from continuing operations of USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to diluted loss per share from continuing operations of USD 1.31 a year ago.For the full year, sales was USD 25,111 million compared to USD 15,540 million a year ago. Net income was USD 778 million compared to net loss of USD 5,833 million a year ago. Basic earnings per share from continuing operations was USD 0.7 compared to basic loss per share from continuing operations of USD 5.34 a year ago. Diluted earnings per share from continuing operations was USD 0.7 compared to diluted loss per share from continuing operations of USD 5.34 a year ago.
Period Ending: | Aug 29, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 |
---|---|---|---|---|
Total Revenue | 7750 | 6811 | 5824 | 4726 |
Gross Profit | 2737 | 1832 | 1079 | -35 |
Operating Income | 1527 | 681 | 191 | -1128 |
Net Income | 887 | 332 | 793 | -1234 |
Period Ending: | Aug 29, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 |
---|---|---|---|---|
Total Assets | 69416 | 66255 | 65718 | 63776 |
Total Liabilities | 24285 | 22030 | 21848 | 20891 |
Total Equity | 45131 | 44225 | 43870 | 42885 |
Period Ending: | Aug 29, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 3405 | 2482 | 1219 | 1401 |
Cash From Investing Activities | -3598 | -2002 | -1151 | -1558 |
Cash From Financing Activities | -474 | -910 | -106 | -352 |
Net Change in Cash | -612 | -437 | -45 | -510 |
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