Micron (MU) Stock Falls After Topping Q4 Estimates but Misses on Guidance, Analysts Lower Numbers and PTs

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Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2021

September 28, 2021 4:01 PM EDT

BOISE, Idaho, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2021, which ended Sept. 2, 2021.

Fiscal Q4 2021 highlights

Revenue of $8.27 billion versus $7.42 billion for the prior quarter and $6.06 billion for the same period last yearGAAP net income of $2.72 billion, or $2.39 per diluted shareNon-GAAP net income of $2.78 billion, or $2.42 per diluted shareOperating cash flow of $3.88 billion versus $3.56 billion for the prior quarter and $2.27 billion for the same period last year... More