The Zhitong Finance app learned that on the morning of Wednesday (September 30), Micron Technology (MU.US) announced the fourth quarter results of FY2020 and the full year results of FY2020.

Financial reports show that Micron Technology's fourth-quarter revenue was US$6.056 billion, compared to US$4.870 billion in the same period last year, up 24.35% year on year.

Net profit attributable to the company in the fourth quarter was US$988 million, compared to US$561 million for the same period last year, an increase of 76.11% year-on-year. Earnings per diluted share were $0.87 compared to $0.49 for the same period last year.

Revenue for the full year of FY2020 was US$21,435 billion, compared to US$23.406 billion last year, a year-on-year decrease of 8.42%.

Net profit attributable to the company for the full year was US$2,687 billion, compared to US$6.313 billion last year, a year-on-year decrease of 57.44%. Earnings per diluted share were $2.37, compared to $5.51 last year.

Micron Technology expects revenue for the first quarter of fiscal year 2021 to be between $5 billion and $5.4 billion, and diluted earnings per share between $0.32 and $0.46.