Micron Technology (MU) Tops Q1 EPS by 1c, Revenue Misses
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Micron Technology, Inc., Reports Results for the First Quarter of Fiscal 2019
December 18, 2018 4:01 PM ESTBOISE, Idaho, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (NASDAQ: MU) today announced results for its first quarter of fiscal 2019, which ended Nov. 29, 2018.
Fiscal Q1 2019 Highlights
Revenue of $7.91 billion, up 16 percent compared with the same period last yearGAAP net income of $3.29 billion, or $2.81 per diluted shareNon-GAAP net income of $3.51 billion, or $2.97 per diluted shareOperating cash flow of $4.81 billion compared with $3.64 billion for the same period last yearShare repurchases of $1.80 billion under the authorized buyback programMicron reported strong profitability in the fiscal first quarter,... More
