UPDATE: Micron Technology (MU) PT Raised to $100 at Barclays

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Go back to UPDATE: Micron Technology (MU) PT Raised to $100 at Barclays

Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2022

December 20, 2021 4:03 PM EST

On track for record revenue and solid profitability in fiscal 2022

BOISE, Idaho, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2022, which ended Dec. 2, 2021.

Fiscal Q1 2022 highlights

Revenue of $7.69 billion versus $8.27 billion for the prior quarter and $5.77 billion for the same period last yearGAAP net income of $2.31 billion, or $2.04 per diluted shareNon-GAAP net income of $2.47 billion, or $2.16 per diluted shareOperating cash flow of $3.94 billion versus $3.88 billion for the prior... More

Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2022

December 20, 2021 4:02 PM EST

BOISE, Idaho, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2022, which ended Dec. 2, 2021.

Fiscal Q1 2022 highlights

Revenue of $7.69 billion versus $8.27 billion for the prior quarter and $5.77 billion for the same period last yearGAAP net income of $2.31 billion, or $2.04 per diluted shareNon-GAAP net income of $2.47 billion, or $2.16 per diluted shareOperating cash flow of $3.94 billion versus $3.88 billion for the prior quarter and $1.97 billion for the same period last year

Micron delivered solid... More