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 Q1 2021

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

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.

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 Technology's (MU) second-quarter fiscal 2024 results reflect gains from improved market conditions, strong sales executions and double-digit growth across business units.

Micron Technology (MU) Q2 Earnings & Sales Beat Estimates

The chip stock jumped Thursday, reflecting investor enthusiasm over the company's latest results.

Micron Finally Earns Its AI Premium

Micron easily beat estimates on the top and bottom lines. Management says AI-related demand is propelling the business.

Why Micron Stock Was Rallying Today

NVIDIA

If the AI boom is real, it must go beyond Nvidia (NASDAQ: NVDA ), and there logically should be multi-baggers yet to come. And it could be the case that Micron Technology (NASDAQ: MU ) becomes the next major beneficiary.

Micron's Multi-Bagger Potential Could Give Nvidia Stock a Run for Its AI Money

Semiconductor stock Micron Technology Inc (NASDAQ:MU) is soaring to record highs today, after the company's better-than-expected fiscal second-quarter results and upbeat fiscal third-quarter forecast, helped by the artificial intelligence (AI) boom.

Chip Stock Soars to Record Highs After Earnings

Micron stock soared after the memory-chip maker smashed estimates for its fiscal Q2 and guided above views for the current period.

Micron Stock Hits Record High, Sparks Chips Rally As Analyst Cites 'AI Semi FOMO Trade'

The headline numbers for Micron Technology (MU) give insight into how the company performed in the quarter ended February 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Micron Technology (MU) Q2 Earnings

Micron Technology NASDAQ: MU is perfectly positioned to follow in the footsteps of AI leader NVIDIA NASDAQ: NVDA. Where NVIDIA commands the bulk of data center market share and, by extension, the AI accelerator market, Micron commands a large portion of the memory chip market, which AI also aids.

Micron Is the NVIDIA of Memory Chips: Here's Why

Micron (NASDAQ: MU ) stock is a hot topic among traders on Thursday after getting a new price target from Morgan Stanley's analysts. Morgan Stanley analysts increased their price target for MU stock from $78 per share to $98 per share.

Morgan Stanley Just Raised Its Price Target on Micron (MU) Stock

Intel

Intel and Micron eagerly await the rebounding replacement cycle for personal computers.

Best Semiconductor Stock: Intel Stock vs. Micron Stock

Advanced Micro Devices

Chip stocks are up today as investors react to positive earnings reports from one of the major players in the sector! Micron (NASDAQ: MU ) is behind today's chip stocks rally following the release of its earnings report for the fiscal second quarter of 2024.

Why Are Chip Stocks MU, NVDA, AMD, INTC Up Today?

Micron Technology Inc (NASDAQ:MU) was up almost 17% ahead of the market's open on Thursday after unveiling a surprise second-quarter profit, driven by the artificial intelligence boom. At US$0.42, second-quarter adjusted earnings per share towered above analysts' expectations for an expected US$0.25 loss.

Micron soars on AI-driven earnings beat

The memory-chip market is known for being cyclical, but Wall Street seems especially excited about Micron Technology Inc.'s ability to ride the current uptrend.

Why Micron's stock is cruising toward its best day in 12 years

Wall Street to open higher Top indexes closed at record highs on Wednesday Micron Technology up 18% 8:30am: US stocks to build on Wednesday's record session Wall Street is set to open higher on Thursday after the three major indexes closed out Wednesday at fresh records, boosted by Dovish comments from the Fed.  The Dow Jones is up around 108 points at 39,942 in premarket trading, while the S&P 500 is positioned to open around 21 points higher at 5,288.

S&P 500 and Nasdaq to open at record highs; Micron Technology soars

Micron Technology's shares surged 15.7% in premarket trading on Thursday after the company posted a surprise profit and forecast current-quarter revenue above Wall Street estimates on soaring demand for its memory chips used in AI computing.

Micron set for record high after AI demand steers strong forecast, surprise profit

In what seems like an artificial intelligence revolution, semiconductor stocks focused on AI, such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), have experienced significant value surges. Alongside them, other AI-related stocks like Super Micro Computer (NASDAQ: SMCI) have also reaped the benefits of this surge over the last year.

Missed the Boom in NVDA, SMCI, AMD? Here's the Next Big AI Chip stock

Seagate Technology Holdings PLC

Western Digital

Surging demand for artificial intelligence led to a surprise quarterly profit for Micron. It's helping other chip stocks, too.

Micron's Surprise AI Boost Lifts Western Digital, AMD, Seagate, Other Chip Stocks

Micron Technology (MU) shares soared 18% in extended trading Wednesday after the memory and storage chip maker reported quarterly results that sailed past Wall Street's expectations and issued a better-than-expected outlook amid artificial intelligence (AI)-driven demand.

Micron Stock Jumps 18% After Strong Earnings, Upbeat Guidance—Key Level to Watch

Micron Technology, Inc. (MU) Q2 2024 Earnings Call Transcript

Micron Technology Inc (NASDAQ: MU) says tight supply and AI driven demand helped it post a surprise profit for its fiscal second quarter. Shares of the chipmaker are up 15% in extended hours.

Micron stock pops 15% as AI demand helps it post a surprise Q2 profit

Shares of Micron popped in extended trading Wednesday after the company announced earnings that beat analysts' expectations

Shares of Micron pop 12% on earnings beat driven by AI boom

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.

News for Micron Technology Stock (MU)