Micron Non-GAAP EPS of -$1.07 beats by $0.11, revenue of $4.01B beats by $80M
Micron press release (NASDAQ:MU): Q4 Non-GAAP EPS of -$1.07  beats by $0.11.
Revenue of $4.01B (-39.6% Y/Y)  beats by $80M.
Operating cash flow of $249 million versus $24 million for the prior quarter and $3.78 billion for the same period last year.
âOur 2023 performance positions us well as a market recovery takes shape in 2024, driven by increasing demand and disciplined supply. We look forward to record industry TAM revenue in 2025 as AI proliferates from the data center to the edge.â said Micron Technology President and CEO Sanjay Mehrotra.

Non GAAP Q1 Outlook: Revenue $4.40 billion Â± $200 million vs. consensus of $4.21B, Gross margin (4.0%) Â± 2.0%, EPS ($1.07) Â± $0.07 vs. consensus of -$0.92.
Shares -1.63%.


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