Micron Technology (MU) PT Lowered to $70 at BMO Capital
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Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2022
September 29, 2022 4:02 PM EDTBOISE, Idaho, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2022, which ended September 1, 2022.
Fiscal Q4 2022 highlights
Revenue of $6.64 billion versus $8.64 billion for the prior quarter and $8.27 billion for the same period last yearGAAP net income of $1.49 billion, or $1.35 per diluted shareNon-GAAP net income of $1.62 billion, or $1.45 per diluted shareOperating cash flow of $3.78 billion versus $3.84 billion for the prior quarter and $3.88 billion for the same period last... More