Micron Technology (Nasdaq: MU) reported earnings on Sep. 27. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Aug. 30 (Q4), Micron Technology missed estimates on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP loss per share grew.

Margins dropped across the board.

Revenue details
Micron Technology booked revenue of $1.96 billion. The 29 analysts polled by S&P Capital IQ anticipated sales of $2.11 billion on the same basis. GAAP reported sales were 8.3% lower than the prior-year quarter's $2.14 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.24. The 27 earnings estimates compiled by S&P Capital IQ averaged -$0.23 per share. GAAP EPS were -$0.24 for Q4 against -$0.14 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 11.2%, 380 basis points worse than the prior-year quarter. Operating margin was -7.1%, 520 basis points worse than the prior-year quarter. Net margin was -12.4%, 610 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.26 billion. On the bottom line, the average EPS estimate is -$0.08.

Next year's average estimate for revenue is $9.50 billion. The average EPS estimate is $0.12.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,154 members out of 1,291 rating the stock outperform, and 137 members rating it underperform. Among 207 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 180 give Micron Technology a green thumbs-up, and 27 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Micron Technology is outperform, with an average price target of $9.78.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.