Micron Technology Inc (MTE.DE) Q4 2024 Earnings Report

Micron Technology’s QQ4 2024 results reflect a robust rebound in profitability and cash generation within a cyclical memory market. Revenue of $7.75 billion marked a 63.99% year-over-year expansion, while gross margin held at approximately 35.3%. The company generated $3.405 billion of operating cash flow and delivered free cash flow of $285 million, underscoring meaningful liquidity generation even as capital expenditure remained elevated at roughly $3.12 billion. Net income of $887 million and diluted EPS of $0.79–$0.80 signify a constructive bottom-line trajectory supported by improving demand in data-center and cloud environments, alongside favorable pricing dynamics for DRAM and NAND in the period.