Micron Technology (MU) Tops Q4 EPS by $0.07, Offers Mixed Q1 Guidance

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Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2019

September 26, 2019 4:01 PM EDT

BOISE, Idaho, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2019, which ended August 29, 2019.

Fiscal Q4 2019 highlights

Revenues of $4.87 billion versus $4.79 billion for the prior quarter and $8.44 billion for the same period last yearGAAP net income of $561 million, or $0.49 per diluted shareNon-GAAP net income of $637 million, or $0.56 per diluted shareOperating cash flow of $2.23 billion versus $2.71 billion for the prior quarter and $5.16 billion for the same period last year

Fiscal 2019... More