Micron Technology Q4 Revenues Almost Quadruple on Strong Demand

Micron Technology reported Q4 adjusted earnings per share of $33.42, surpassing the $31.61 expected, and revenues of $54.23 billion, exceeding forecasts of $51.07 billion and showing a near fourfold increase from $11.32 billion a year prior. Net income surged to $37.7 billion.