Micron technology, inc. reports results for the third quarter of fiscal 2023

Boise, idaho, june 28, 2023 (globe newswire) -- micron technology, inc. (nasdaq: mu) today announced results for its third quarter of fiscal 2023, which ended june 1, 2023. fiscal q3 2023 highlights revenue of $3.75 billion versus $3.69 billion for the prior quarter and $8.64 billion for the same period last year gaap net loss of $1.90 billion, or $1.73 per diluted share non-gaap net loss of $1.57 billion, or $1.43 per diluted share operating cash flow of $24 million versus $343 million for the prior quarter and $3.84 billion for the same period last year “micron delivered fiscal third quarter revenue, gross margin, and eps all above the midpoint of the guidance range,” said micron technology president and ceo sanjay mehrotra.
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