Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Research and development

Restructure and asset impairments

Other operating expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Micron Technology

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The MBU segment offers memory products sold into smartphone and other mobile-device markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer forms. The EBU segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978, and is headquartered in Boise, ID.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q1 2025

Micron exceeds Q3 expectations amidst China uncertainty and inventory challenges

Micron's fiscal Q3 performance was strong, with revenue, gross margin, and EPS exceeding expectations. The company faces challenges due to the uncertain impact of the CAC decision in China and inventory write-downs. However, Micron's focus on technology leadership, investments in high-bandwidth memory products, and strategies to mitigate share loss present opportunities for future growth.

Micron tackles pricing challenges, eyes growth in data center

Micron navigated Q2 challenges with supply reduction measures and cost controls, aiming for normalized growth and profitability.
Despite facing pricing pressures, the company remains a leader in DRAM and NAND technology, with strong customer relationships and growth opportunities.
Anticipating recovery in industry profitability and free cash flow in fiscal 2024, bolstered liquidity and confident in supply actions for NAND business.
Transition to DDR5 technology and market opportunities in data center present growth potential, with a focus on improving margins through FY '24.

Micron Technology manages challenges, leverages innovation for growth

Micron Technology navigates challenges from the CAC ruling and cash flow dynamics while focusing on innovation, partnerships, and operational efficiencies.
The company faces inventory and margin challenges in the short term but aims to capitalize on growth opportunities in low-power memory products and high-capacity modules.
Despite industry TAM reductions, Micron's strategic positioning and supply management efforts position it well to address market demands and drive revenue growth.
Overall, Micron's performance reflects a balance of challenges, strengths, and opportunities in the evolving semiconductor market landscape.

Micron Technology navigates underutilization challenges, eyes positive gross margin

Micron Technology faces challenges with underutilization charges impacting earnings but is strategically investing in high-value segments and newer technologies to drive growth. The company expects positive gross margin in the second half of fiscal '24 and anticipates demand to return as customer inventories normalize.

Micron Technology anticipates pricing improvements for 2024 amidst challenges

Micron Technology's Q1 2024 earnings call showcased a focus on cost efficiencies, pricing improvements, and gross margin expansion, despite industry-wide challenges and inventory normalization delays.

Micron Technology reports solid Q2 performance amidst market challenges

Micron Technology's Q2 2024 performance reflects a focus on maintaining market share, disciplined investments, and meeting customer demands amidst challenges and opportunities.
The company's strengths in strong HBM demand, customer engagements, and strategic CapEx decisions position it for growth and margin profile improvements.
While facing challenges such as capacity constraints and cost structure improvements, Micron is leveraging opportunities in HBM demand, investments in NAND, and margin expansion strategies.

Micron Q3 2024: Strong HBM Focus, CapEx Expansion

Micron Technology's Q3 2024 earnings call highlighted a strategic focus on HBM market share growth and a significant CapEx ramp-up for technology transitions. The company is managing its inventory levels to match market demand, particularly in high-value sectors, and is seeing improvements in NAND profitability. Challenges remain with new U.S. projects and rising operating expenses, but opportunities in AI-driven demand and customer engagements present avenues for growth.

Micron Technology forecasts growth in AI servers and improved inventory management for fiscal '25

Micron Technology projects growth in AI servers and improved inventory management in fiscal '25. The company is strategically focusing on high-profit segments and technological advancements in DRAM bit shipments. Challenges include managing risks during margin expansion and transitioning DDR4 shipments to DDR5 and LP5.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Memory-chip maker Micron crushed Wall Street's targets for its fiscal second quarter and delivered a surprise profit.

Micron Technology Smashes Estimates, Posts Surprise Profit

Micron Technology Inc. shares were surging in Wednesday's late trading after the memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook.

Micron delivers a big positive earnings surprise, sending its stock soaring

Chipmaker Micron Technology forecast third-quarter revenue above estimates on Wednesday, benefiting from the rapid adoption of artificial intelligence technology by businesses and an easing supply glut in the wider memory chip market.

Micron forecasts third-quarter revenue above estimates on AI demand

BOISE, Idaho, March 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024. Fiscal Q2 2024 highlights Revenue of $5.82 billion versus $4.73 billion for the prior quarter and $3.69 billion for the same period last year GAAP net income of $793 million, or $0.71 per diluted share Non-GAAP net income of $476 million, or $0.42 per diluted share Operating cash flow of $1.22 billion versus $1.40 billion for the prior quarter and $343 million for the same period last year “Micron delivered fiscal Q2 results with revenue, gross margin and EPS well above the high-end of our guidance range — a testament to our team's excellent execution on pricing, products and operations,” said Sanjay Mehrotra, President and CEO of Micron Technology.

Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2024

Taiwan Semiconductor Manufacturing

TSMC expects several tailwinds to lift its sales and profits this year. Micron's memory-chip sales have finally passed a cyclical trough.

Better Chip Stock: TSMC vs. Micron Technology

Lam Research

Oracle

Oracle leverages its partnership with Nvidia to boost its AI-driven cloud-computing services. Boatloads of Micron Technology's memory chips are crucial for the data-heavy demands of AI technologies.

Beyond Nvidia: Why Lam Research, Oracle, and Micron Technology Are Prime AI Investments in 2024

Intel

Nvidia had few surprises for investors as it kicked off its Global Technology Conference 2024 on Monday. Among those few surprises was the fact that Nvidia isn't raising its estimate for the size of AI chip demand.

Why Intel, Taiwan Semiconductor, and Micron Stocks All Dropped Today

Morgan Stanley raised its price target to $78 but maintained an underweight rating on the stock. Micron is expected to report a sequential increase in revenue in the fiscal Q2 earnings report on Wednesday.

Micron Technology Stock Has 17% Downside, According to 1 Wall Street Analyst

Data Storage Corp

Pure Storage

AI utilizes powerful computers scanning vast amounts of data to draw conclusions or answer human's questions efficiently. Consequently, data storage companies will benefit tremendously from the proliferation of AI.

3 Storage Stocks Poised to Capitalize on the Data Explosion

Barclays lifted its price target on Micron Technology Inc (NASDAQ:MU) stock to $120 from $95 ahead of this week's earnings report, anticipating "another strong beat and raise" from the company.

Analyst Anticipates Strong Earnings from Micron Technology

A pair of Wall Street analysts raised their price targets ahead of Micron's earnings report on Wednesday. Both analysts expect a "beat-and-raise" quarter.

Why Micron Technology Stock Popped on Monday Morning

Micron Technology's (MU) Q2 performance is likely to have benefited from the strong demand for memory chips used for GPU-enabled AI servers, along with an improving supply-demand environment and higher prices for DRAM and NAND.

Is a Beat Likely for Micron Technology (MU) in Q2 Earnings?

Micron Technology Inc. continues to establish itself as an artificial-intelligence play in the eyes of Wall Street.

Micron's AI story is building — and fueling optimism ahead of earnings

Here are 2 undervalued tech stocks I'm looking to buy.

2 Undervalued Chip Stocks to Buy

Microsoft

AI adoption is set to give Microsoft's growth a big boost in 2024 and beyond. Micron is on the verge of a major turnaround thanks to the improving dynamics of the memory market.

2 Top Tech Stocks to Buy Hand Over Fist Before the Nasdaq Jumps Higher in 2024

In the latest trading session, Micron (MU) closed at $93.25, marking a +1.99% move from the previous day.

Micron (MU) Ascends While Market Falls: Some Facts to Note

Lululemon Athletica

NIKE

Nike stock hasn't recovered much after an earnings sell-off in December, highlighted by a weak revenue outlook and cost-cutting measures.

Nike Stock Can't Shake Downtrend Ahead Of Key Earnings Report; Micron, Lululemon Also On Deck

Despite pessimistic forecasts and bubble concerns, the stock market keeps its momentum, driven by artificial intelligence. Micron Technology (NASDAQ: MU) stock recently received a 57% increase in its price target, highlighting its latest success.

This AI stock just got its price target raised by 60%

Micron Technology Inc. has now found itself in a cool crowd, and that could translate to big gains for its stock, one analyst says.

Micron's stock could rocket 60%, says the new biggest bull on Wall Street

Micron Technology forecasts robust industry growth for its products over the next several years.

Should You Buy Micron Stock Before the Company Reports Earnings?

Wolfe Research raised its price target on Micron stock to $120 on Wednesday. Wolfe sees Micron benefiting mightily from AI's need for the high-bandwidth memory chips that Micron produces.

Micron Technology Stock Has 30% Upside, According to 1 Wall Street Analyst

Does Micron (MU) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Micron (MU) is a Great Choice

The CEO was highly optimistic about Micron's prospects related to artificial intelligence (AI).

You Won't Believe What the Micron Technology CEO Just Said

Broadcom

Camtek

Semiconductor stocks are attracting attention this year as artificial intelligence (AI) adoption leads to a mushrooming growth in the demand for chips. The sector's success will have significant implications on the U.S. economy due to the ubiquitous demand for microprocessors.

3 Semiconductor Stocks Looking Like Steals in Q1

Amazon

Tencent Holdings Limited

Amazon stands to benefit handsomely from AI across both cloud and e-commerce. Nvidia partner Micron is on the cusp of an AI memory boom.

News for Micron Technology Stock (MU)