Micron Technology, Inc. reported earnings results for the third quarter and nine months ended May 30, 2024. For the third quarter, the company reported sales was USD 6,811 million compared to USD 3,752 million a year ago. Net income was USD 332 million compared to net loss of USD 1,896 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to basic loss per share from continuing operations of USD 1.73 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to diluted loss per share from continuing operations of USD 1.73 a year ago.
For the nine months, sales was USD 17,361 million compared to USD 11,530 million a year ago. Net loss was USD 109 million compared to USD 4,403 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 4.03 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 4.03 a year ago.