Micron technology, inc. reports results for the second quarter of fiscal 2024

Boise, idaho, march 20, 2024 (globe newswire) -- micron technology, inc. (nasdaq: mu) today announced results for its second quarter of fiscal 2024, which ended february 29, 2024. fiscal q2 2024 highlights revenue of $5.82 billion versus $4.73 billion for the prior quarter and $3.69 billion for the same period last year gaap net income of $793 million, or $0.71 per diluted share non-gaap net income of $476 million, or $0.42 per diluted share operating cash flow of $1.22 billion versus $1.40 billion for the prior quarter and $343 million for the same period last year “micron delivered fiscal q2 results with revenue, gross margin and eps well above the high-end of our guidance range — a testament to our team's excellent execution on pricing, products and operations,” said sanjay mehrotra, president and ceo of micron technology.
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