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

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Micron delivered revenue and earnings results that easily surpassed expectations. Wall Street was expecting the company to boost guidance but didn't get what it wanted.

Why Artificial Intelligence (AI) Stock Micron Technologies Stumbled Thursday

Micron announced fiscal Q3 earnings on June 26, but guidance was in-line with consensus, questioning the rationale for explosive share growth in the past three months. My analysis shows HBM market to grow from 4% to 15% of global advanced semiconductor packaging market by 2028, with Micron gaining share. I expect Micron's HBM capacity to increase from 5.6% in Q1 2024 to 14.0% in Q4 2025, positioning the company as the fastest growing in the DRAM oligopoly.

Micron: Benefiting From Strong AI-Based HBM Packaging Growth

Micron's stock surged to nearly $160 due to AI optimism and strong earnings, but has since retreated. Micron reported solid earnings, but the stock sold off due to guidance in line with expectations. Micron is in our $125-135 buy-in zone, offering a good buying opportunity with the potential for robust profitability and revenue growth.

Micron Earnings: Here's Your Buying Opportunity

After Micron Technology (MU) reported fiscal third-quarter profit that missed analysts' estimates and offered soft revenue guidance, Micron executives joined the company's earnings call Wednesday, where they discussed their expectations for record revenue in 2024 and 2025, Micron's position to gain in the artificial intelligence (AI) era, and more.

4 Key Takeaways From Micron's Earnings Call

Micron  MICR: Bad reaction to an ok earnings print. The print was not amazing, they beat respectable and guided inline.

I'm Not Going To Tell You What My Price Target Is On Micron

Micron's (MU) Q3 performance reflects the benefits of the robust demand for the product portfolio across DRAM and NAND technologies, strong sales execution and an improving supply-demand environment.

Micron (MU) Crushes Q3 Earnings & Revenue Estimates, Up Y/Y

BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron's sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology.

Micron Releases 2024 Sustainability Report Highlighting Progress and Long-Term Vision

Micron stock is lower Thursday as the memory chipmaker's soft current-quarter revenue outlook offsets a fiscal Q3 beat. Here's what you need to know.

Micron Stock Falls on Disappointing Outlook: What to Know

Applied Materials

Lam Research

Applied Materials and Lam Research saw their shares rise after memory-chip maker Micron forecast a sizable increase in capital spending.

Chip Gear Stocks Rise On Micron's Capex Plans

Although the revenue and EPS for Micron (MU) give a sense of how its business performed in the quarter ended May 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Micron (MU) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Micron NASDAQ: MU shares fell a significant 5% in after-market trading due to its Q3 results and guidance for Q4. However, nothing in the report gives cause to sell and every reason to buy.

Micron Stock Alert: Seize the Opportunity Before It Skyrockets

NVIDIA

Micron has been a popular play on exposure to the artificial-intelligence boom. The memory chip maker's stumble underlines the high expectations for semiconductor companies boosted by AI.

Why Micron Is Weighing on Nvidia and Other Chip Stocks

The shares of Micron Technology Inc  (NASDAQ:MU) are 5.6% lower to trade at $134.41 this morning, after the semiconductor maker's   fourth-quarter quarter revenue guidance of $7.6 billion was only in line with Wall Street's expectations.

Micron Stock Falls After Lackluster Earnings

Despite beating analyst estimates on earnings and revenue, shares of memory chip maker Micron Technology (NASDAQ: MU ) stock fell about 5% overnight. Analysts blamed the company's revenue forecast.

MU Stock Plunges as Micron Fails to Live Up to AI Hype

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Micron To Rally Over 12%? Here Are 10 Top Analyst Forecasts For Thursday

Micron (MU) shares fell sharply in premarket trading Thursday after the chipmaker posted quarterly results and revenue guidance that came in below Wall Street's lofty expectations. The Idaho-based company has seen its share price surge 67% since the start of the year, fueled by accelerating demand for chips to power memory-hungry artificial intelligence (AI) servers.

Watch These Micron Stock Price Levels Following Earnings-Driven Decline

Given all the excitement going into Micron Technology Inc.'s latest earnings report, the company's in-line revenue outlook for the current quarter wasn't enough to satisfy investors.

Here's the good news on Micron even as stock heads for a post-earnings decline

The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s MU earnings could generate weakness in the tech space.

Wall Street Set For Weak Opening As Tech Rally Falters With Micron, Nvidia Edging Lower: Analyst Says Narrow Market Performance To Persists Unless One Of These Materializes

Micron beat earnings and revenue expectations for its FQ3, driven by strong demand for AI memory products. Despite strong performance, shares dropped 8% in after-hours trading due to what some saw as a disappointing FQ4 revenue guidance. Micron's growth is driven by increasing demand for memory products, particularly in the HBM business. The outlook is very positive.

Micron Knocks It Out Of The Park In Q3 (Rating Upgrade)

Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge.

Micron tumbles as AI revenue surge falls short of lofty expectations

Micron Technology's stock dropped 7% after the company reported earnings.

Why Is Micron Stock Down After a Double Earnings Beat?

Amazon

The recent pullback in artificial intelligence (AI) and the semiconductor sector has presented investors with another entry point as the stock market heads into July, a month that has brought positive performance for the previous 16 years.

Buy alert: 2 AI stocks with ‘strong buy' ratings for July 2024

Amid a forecast that was just on target, some may be concerned by set contracts for HBM chips.

Micron investors will have to wait for 2025 for a bigger AI payoff

Micron Technology, Inc. (NASDAQ:MU ) Q3 2024 Earnings Conference Call June 26, 2024 4:30 PM ET Company Participants Satya Kumar - IR Sanjay Mehrotra - President and CEO Mark Murphy - CFO Conference Call Participants Krish Sankar - TD Cowen Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Thomas O'Malley - Barclays Christopher Danely - Citi Harlan Sur - JPMorgan Operator Thank you for standing by, and welcome to Micron Technology's Fiscal Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.

Micron Technology, Inc. (MU) Q3 2024 Earnings Call Transcript

Micron Technology Inc. beat revenue expectations in the latest quarter and logged a sizable profit beat on Wednesday, but its top-line forecast for the current quarter was merely in line with the consensus view at the midpoint.

News for Micron Technology Stock (MU)