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Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2019
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
BOISE, Idaho, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2019, which ended August 29, 2019. Fiscal Q4 2019 highlights Revenues of $4.87 billion versus $4.79 billion for the prior quarter and $8.44 billion for the same period last yearGAAP net income of $561 million, or $0.49 per diluted shareNon-GAAP net income of $637 million, or $0.56 per diluted shareOperating cash flow of $2.23 billion versus $2.71 billion for the prior quarter and $5.16 billion for the same period last year Fiscal 2019 highlights Revenues of $23.41 billion versus $30.39 billion for the prior fiscal yearGAAP net income of $6.31 billion, or $5.51 per diluted shareNon-GAAP net income of $7.31 billion, or $6.35 per diluted shareOperating cash flow of $13.19 billion versus $17.40 billion for the prior fiscal yearShare repurchases of $2.66 billion under the authorized buyback program "Micron delivered fourth quart
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- Rubrik and Marex Group initiated: Wall Street's top analyst calls [Yahoo! Finance][Yahoo! Finance]
- Micron Technology, Inc. (NASDAQ: MU) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $130.00 price target on the stock, up previously from $98.00.[MarketBeat]
- Micron Technology, Inc. (NASDAQ: MU) had its price target raised by analysts at Mizuho from $130.00 to $150.00. They now have a "buy" rating on the stock.[MarketBeat]
- New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point [Yahoo! Finance][Yahoo! Finance]
- Significant Shifts in Prem Watsa's Portfolio Highlighted by Micron Technology's -18.68% Impact [Yahoo! Finance][Yahoo! Finance]
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