04:41 PM EDT, 09/25/2024 (MT Newswires) -- Micron Technology ( MU ) reported fiscal Q4 non-GAAP earnings late Wednesday of $1.18 per diluted share, swinging from a loss of $1.07 a year earlier.

Analysts polled by Capital IQ expected $1.11 per share.

Revenue for the quarter ended Aug. 29 was $7.75 billion, up from $4.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $7.65 billion.

The chipmaker said it expects fiscal Q1 non-GAAP earnings per share of $1.74, plus or minus $0.08, and revenue of $8.70 billion, plus or minus $200 million. Analysts surveyed by Capital IQ expect EPS of $1.54 per share on revenue of $8.21 billion.

Shares of Micron Technology ( MU ) were up more than 12% in after-hours activity.

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