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MICRON TECHNOLOGY INC

For the period ended May 30, 2024. Filed Jun 27, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

May 30, 2024 · Filed Jun 27, 2024

MU$733.15+6.3%Stored close · as of Nov 9, 2026

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Consolidated Statements of Operations

Quarter endedNine months ended
May 30,2024June 1,2023May 30,2024June 1,2023
Revenue$6,811$3,752$17,361$11,530
Cost of goods sold4,9794,42014,48512,511
Gross margin1,832(668)2,876(981)
Research and development8507582,5272,395
Selling, general, and administrative291219834701
Restructure and asset impairments—68—167
Other operating (income) expense, net(28)48(267)29
Operating income (loss)719(1,761)(218)(4,273)
Interest income136127398334
Interest expense(150)(119)(426)(259)
Other non-operating income (expense), net10—(24)(2)
715(1,753)(270)(4,200)
Income tax (provision) benefit(377)(139)172(201)
Equity in net income (loss) of equity method investees(6)(4)(11)(2)
Net income (loss)$332$(1,896)$(109)$(4,403)
Earnings (loss) per share
Basic$0.30$(1.73)$(0.10)$(4.03)
Diluted0.30(1.73)(0.10)(4.03)
Number of shares used in per share calculations
Basic1,1071,0941,1041,092
Diluted1,1231,0941,1041,092

5 | 2024 Q3 10-Q

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.