Micron Technology (MU) Tops Q4 EPS by 19c; Guides Q1 Lower

Micron Technology (NASDAQ: MU) reported Q4 EPS of $3.53, $0.19 better than the analyst estimate of $3.34. Revenue for the quarter came in at $8.44 billion versus the consensus estimate of $8.25 billion.

• Revenues of $8.44 billion, up 38 percent compared with the same period last year
• GAAP net income of $4.33 billion, or $3.56 per diluted share
• Non-GAAP net income of $4.31 billion, or $3.53 per diluted share
• Operating cash flow of $5.16 billion, compared with $3.20 billion for the same period last year

UPDATE: Micron Sees Q1 EPS of $2.95 at Mid-Point vs Consensus of $3.06. Micron sees Q1 revenue of $7.9-$8.3 billion vs $8.44 billion consensus.

For earnings history and earnings-related data on Micron Technology (MU) click here.

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