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 raised its guidance for the fiscal first quarter as the demand and pricing environments for memory chips improved. Micron's revenue will still be deeply depressed, and the company will still post a large net loss.

Things Are Finally Looking Up for Micron

Intel

Famed “Big Short” investor Michael Burry has recently shifted his bearish outlook from the broader market to a specific sector.

Michael Burry's ‘big short' at risk as these 2 stocks hit 52-week highs

Chipotle

TransDigm

2023 has ended up being a solid year for stocks. Despite inflation, war, and other worrisome headlines, the market indexes managed to shrug off the negativity and appear set to close the year near the highs.

3 Overhyped S&P 500 Stocks to Sell in December

Boeing

Disney

U.S. equities made a slight comeback from yesterday's selloff, with the S&P 500 rising 0.1%, after a report showed that consumer confidence was up in November after three straight months of declines.

S&P 500 Gains and Losses Today: Newmont and Boeing Up; Micron and Disney Down

We remain bullish on Micron Technology, Inc. Management's updated guidance for Q1 2024 confirms our expectation of better memory demand dynamics and improved pricing in 2024. Management guides revenue higher from a previously projected $4.4B ± $200M to $4.7B and expects non-GAAP gross margin to approach breakeven next quarter.

Micron Stock - Still Buy: More Upside Likely Ahead

Micron Technology, Inc. (NASDAQ:MU) on Tuesday raised its first quarter fiscal 2024 revenue guidance but investors pulled back on the stock after it projected higher expenses for the period.  For the quarter ending November 30, 2023, the semiconductor company upped its revenue guidance from its prior range of $4.2 billion to $4.4 billion to approximately $4.7 million.

Micron Technology lifts 1Q revenue guidance but higher expected costs see shares slide

The shares of Micron Technology Inc  (NASDAQ:MU) are down 2.9% at $75.30 this afternoon, even after the computer memory and data storage firm hiked its first-quarter adjusted gross margin.

Chip Stock Falls on Mixed Q1 Forecast

Shares of Micron Technology Inc. (MU) fell more than 2% Tuesday after the chipmaker raised its current-quarter revenue and earnings guidance, citing “improved supply and demand balance and improved pricing.”

Micron Raises Earnings Guidance But Shares Fall

Micron Technology, Inc. (MU) 2023 UBS Global Technology Conference Transcript

Memory-chip maker Micron Technology raised its guidance for revenue and earnings in the current quarter.

Micron Raises Outlook On Improved Memory-Chip Demand

Memory-chip maker Micron Technology is seeing shares fall. Investors likely had higher expectations for increased guidance.

Micron Stock Is Falling After Chip Maker Raised Guidance. Here's Why.

Shares of Micron Technology Inc. MU took a 3.4% dive in premarket trading, even after the memory chip maker updated its fiscal first-quarter outlook, which included improved guidance for revenue and earnings per share. Just before the guidance update, the stock was down 0.5% in the premarket.

Micron raised profit and revenue guidance, but stock takes a dive

BOISE, Idaho, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) (the “Company”) today announced that it is updating its revenue, gross margin, operating expense, and EPS guidance for the first quarter of fiscal 2024, which ends Nov. 30, 2023. The Company previously guided revenue of $4.4 billion ± $200 million and non-GAAP gross margins of (4.0%) ± 2%. As a result of improved supply and demand balance and improved pricing, the Company today announced that it expects revenue will approach $4.7 billion and non-GAAP gross margins will approach breakeven for the first quarter of fiscal 2024. The Company announced additional updates as set forth in the tables below.

Micron Updates First Quarter Fiscal 2024 Guidance

Our theme of Internet Infrastructure Stocks – which includes a diverse set of companies that sell hardware and software that underpin the Internet - has had a solid ye

Digital Infrastructure Stocks Including Micron Had A Solid Year. What Lies Ahead?

NVIDIA

Since the publication of in October 2022, the themes I emphasized have gone mainstream. Everyone now acknowledges that economic, monetary and financial threats are rising and interacting in dangerous ways with various other social, political, geopolitical, environmental, health and technological developments.

You're not just imagining things: Our post-pandemic world is more dangerous

Palantir Technologies

Snowflake

As technology advances, more and more specific areas are appearing within the sector, specialized in specific tasks, such as data analysis, artificial intelligence ( AI ) and machine learning. The last category, by the way, is completely indispensable for our technological development and the simplification of complex tasks.

3 Machine Learning Stocks That Could Be Multibaggers in the Making

The demand for memory chips is increasing rapidly because of artificial intelligence. Micron Technology is set to make the most of the opportunity in AI memory chips thanks to its partnership with Nvidia.

This Artificial Intelligence (AI) Stock Is All Set for a Big Breakout in 2024

Advanced Micro Devices

Broadcom

KLA-Tencor

QUALCOMM

Taiwan Semiconductor Manufacturing

Texas Instruments

Earlier this month, the iconic investor Michael Burry, famed for his prescient role in “The Big Short,” redirected his bearish sentiments from the broader market to a more targeted sector.

Michael Burry's SOXX short: Key stocks driving his bearish bet

Apple

Amazon

Bank of America

Alphabet

JPMorgan Chase & Co

Marathon Petroleum

Merck

Microsoft

Pfizer

Tesla

Valero Energy

Wells Fargo

In a simple world, the stock market is never more than earnings and the multiple investors assign to them.

These ten stocks, not just from tech, are the key to next year's S&P 500 earnings growth

Micron Technology's fiscal year 2023 revenue decreased by 49% compared to the previous year, with negative gross profit and losses per share. The loss of sales revenue in China and Hong Kong due to a dispute with China has greatly impacted Micron's financial metrics. Despite poor financial performance, Micron's share price has increased by 30% in the last 12 months, potentially driven by market trends rather than company performance.

Micron: Results Are Terrible, And China Sales Are Dropping Like A Rock - Avoid

Axcelis Technologies

The semiconductor industry is playing an increasingly important role in everyday life. The sector is on the cusp of a demand explosion thanks to new technologies like artificial intelligence.

4 Super Semiconductor Stocks to Buy Now and Hold for the Next 10 Years

BOISE, Idaho, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 20, 2023, at 2:30 p.m. Mountain time.

Micron Technology to Report Fiscal First Quarter Results on December 20, 2023

Li Auto Inc.

For those eager to boost their portfolio's performance, there's plenty to celebrate amidst the market's roller-coaster dynamics. While many stocks have experienced turbulent times, a select group has demonstrated sturdy performance.

3 Momentum Stocks You'll Regret Not Buying Soon: November 2023

Micron (MU) reachead $77.14 at the closing of the latest trading day, reflecting a -0.04% change compared to its last close.

Micron (MU) Stock Drops Despite Market Gains: Important Facts to Note

Applied Materials

Lam Research

In August of this year, renowned investor Michael Burry captured attention by disclosing a substantial bearish position of $1.6 billion against the US stock market. Over subsequent months, scrutiny intensified as the performance of Burry's investment unfolded amid market fluctuations.

News for Micron Technology Stock (MU)