Categories AlphaGraphs, Earnings, Technology
Micron (MU) Q4 earnings beat Street view; revenue nearly doubles
Micron Technology Inc. (NASDAQ: MU) reported a profit for the fourth quarter of 2024 compared to a loss last year as the chipmaker’s revenues surged 93%. Earnings also beat analysts’ forecasts.
The tech firm reported adjusted earnings of $1.18 per share for the fourth quarter, compared to a loss of $1.07 per share in the year-ago period. Earnings topped expectations. On an unadjusted basis, net income was $887 million or $0.79 per share in Q4, compared to a loss of $1.43 billion or $1.31 per share in the corresponding period of 2023.
Fourth-quarter revenues increased sharply to $7.75 billion from $4.01 billion in the prior year quarter and came in above analysts’ consensus estimates.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Best Buy’s (BBY) Q4 2025 earnings results
Best Buy Co., Inc. (NYSE: BBY) reported its fourth quarter 2025 earnings results today. Enterprise revenue was $13.9 billion compared to $14.6 billion in the same quarter last year. Net
AZO Infographic: AutoZone Q2 2025 earnings drop; sales rise modestly
AutoZone, Inc. (NYSE: AZO) reported lower net income for the second quarter of 2025, despite a modest increase in sales. Total same-store sales grew 2.9% during the three months. The automotive
Earnings Preview: What to look for when Kroger (KR) reports Q4 2024 results
Supermarket giant Kroger Co. (NYSE: KR) is scheduled to report its fourth-quarter earnings on Thursday. This event is particularly significant since it follows the termination of the company’s merger with
