Micron has released a report for the fourth quarter of fiscal 2021 and for the full fiscal year 2021 ending September 2.
In the last quarter of fiscal year 2021, Micron managed to generate revenue of $ 8.27 billion. Revenue in the fourth quarter of the previous fiscal year was $ 6.06 billion. The quarter ended in net income of $ 2.72 billion. A year ago, this figure was $ 988 million. Non-GAAP net income for the year increased from $ 1.23 billion to $ 2.78 billion.
Moving on to the figures for the year as a whole, Micron’s revenue reached $ 27.71 billion. In fiscal 2020, the company generated $ 21.44 billion. Net profit for fiscal 2021 was $ 5.86 billion, while in 2020 it was $ 2.69 billion. A non-GAAP calculation yields a rise from $ 3.24 billion to $ 6.98 billion.
In the current quarter, the company expects revenue of $ 7.65 ± 0.2 billion.