Micron Technology Profit Climbs In Q4

(RTTNews) - Micron Technology (MU) revealed earnings for its fourth quarter that Increases, from last year

The company's bottom line totaled $37.701 billion, or $32.87 per share. This compares with $3.201 billion, or $2.83 per share, last year.

Excluding items, Micron Technology reported adjusted earnings of $38.398 billion or $33.42 per share for the period.

The company's revenue for the period rose 379.3% to $54.229 billion from $11.315 billion last year.

Micron Technology earnings at a glance (GAAP) :

-Earnings: $37.701 Bln. vs. $3.201 Bln. last year. -EPS: $32.87 vs. $2.83 last year. -Revenue: $54.229 Bln vs. $11.315 Bln last year.

-Guidance: Next quarter revenue guidance: $ 61.5 B To $ 61.5 B

Guidance for the first quarter of 2027:

Revenue $61.5 billion ± $1.5 billion. Diluted earnings per share $38.15 ± $1.00