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.

Advanced Micro Devices

Broadcom

Intel

KLA-Tencor

NVIDIA

QUALCOMM

Taiwan Semiconductor Manufacturing

Analog Devices

Applied Materials

ASML Hld

Cadence Design Systems

Lam Research

Synopsys

Texas Instruments

The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we have witnessed over the past 50 years.

Semiconductor companies are in denial about this sea-change with their biggest customers

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.

2 Charts That Show Semiconductor Stocks Are Poised to Drop

Both Intel and Micron trade at single-digit multiples of past peak earnings levels. Both are in the midst of a turnaround after the tech bear market of 2022.

Better AI Value Stock: Micron vs. Intel

The shares of Micron Technology Inc  (NASDAQ:MU) are up 1.2% at $68.59 at last check, on the heels of a price-target hike from Mizuho to $82 from $72.

Micron Technology Stock Edges Higher on Bull Note

Piedmont Lithium

Vicor

Dubbed the Magnificent 7, shares of Apple (NASDAQ: AAPL ), Microsoft (NASDAQ: MSFT ), Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ), Amazon (NASDAQ: AMZN ), Nvidia (NASDAQ: NVDA ), Tesla (NASDAQ: TSLA ), and Meta Platforms (NASDAQ: META ) are just a few of the monopolistic mega-caps having their best year yet. As a result, even some of the top Magnificent 7 stock suppliers are having a solid year.

Profit from the Shadows: 3 Under the Radar Suppliers of the Magnificent 7

Investors have shown their enthusiasm for artificial intelligence this year by sending shares of Nvidia Corp. on a rocket ride. But there are other hardware companies selling products that are used by data centers every time an Nvidia graphics processing unit is installed.

Micron's stock might be an excellent play for AI investors who want to diversify beyond Nvidia

Semiconductor heavyweight Micron Technology reports earnings next week and options traders are piling on

Chip Stock Ready For Make-Or-Break Week

Qorvo

U.S. equities have performed remarkably well in 2023, with the S&P 500 and Nasdaq Composite respectively gaining 17.3% and 33.1% year-to-date. However, recent volatility around interest rates and inflation could make certain stocks untenable as near- and medium-term investments.

Beware! 3 Semiconductor Stocks Waving Massive Red Flags Right Now

Carvana

First Solar

It's critical to note that not all stocks reach analysts' forecasted levels, as unforeseen circumstances can always affect future performance. Still, the positivity surrounding upgrades can be seen as a solid takeaway.

These 3 Stocks Have Seen Favorable Price Target Upgrades

Micron Technology Inc. shares were outpacing the broader chip sector Monday as one analyst upgraded the memory-chip maker's stock owing to what appears to be an earlier-than-expected uptick in demand.

AI will accelerate Micron's recovery, analyst says

Micron Technology's revenue growth is expected to resume starting in the new fiscal year. The memory market's fortunes are likely to turn around thanks to the growing need for AI servers.

1 Cheap Artificial Intelligence (AI) Stock to Buy Right Now Before It Starts Soaring Like Nvidia

Although geopolitical conflicts between major economic powers are generally something to be avoided, for semiconductor stocks trading amid the backdrop of the U.S.-China chip war, the bad news just might be good news. With more than just competitive bragging rights involved, the technology sector has never been more crucial.

7 Semiconductor Stocks to Buy for a U.S.-China Chip War

We believe Micron was not taking as many orders in H1, as they await memory pricing to recover, leading to a better outlook going forward. The company's revenue could be impacted by new restrictions placed on its products in China, with potential implications for its exposure to the Chinese market. Competitors such as Samsung and SK Hynix could benefit from the restrictions, but the US government has warned against filling the gap left by MU.

Micron: >10% Revenue Bite From China Ban

Micron Technology, Inc. has been experiencing massive losses and a decline in performance, but the market has been kind to the stock. The company has cut spending and has been taking pricing action. The stock is facing heavy resistance at $70, and the company's performance in fiscal Q4 will be crucial for its future outlook.

Micron: A Palpable Downturn

Eli Lilly

McDonald's

American Eagle Outfitters

DraftKings

DocuSign

e.l.f. Beauty

General Mills

Johnson & Johnson

Otis Worldwide

Schlumberger

Dell Technologies

Here are some of the tickers on my radar for Thursday, Sept. 7, taken directly from my reporter's notebook.

Here are the 13 stocks Jim Cramer is watching, including Eli Lilly, McDonald's

Cirrus Logic

Vishay Intertechnology

Global memory and AI chipmakers are experiencing an end to the supply surplus for semiconductors. Excessive capex spending in memory chips has led to inventory problems and a sharp downturn is expected in 2023.

Memory Turns Around In Q3 But Inventories Excluding Memory And AI Remain High

An analyst reported that Micron was able to raise NAND wafer contract prices by 10% in September. This is a positive move following a brutal downturn, but it's not clear that end-market demand has meaningfully improved.

Micron Reportedly Boosts NAND Prices, but There's a Catch

The AI revolution will be great not only for Nvidia, but also a host of semiconductor stocks. My top AI pick in September is coming out of one of its worst downturns ever.

Here's My Top AI Stock to Buy in September

Micron Technology, Inc. (NASDAQ:MU ) Deutsche Bank's 2023 Technology Conference August 30, 2023 11:00 AM ET Company Participants Mark Murphy - Executive Vice President and Chief Financial Officer Manish Bhatia - Executive Vice President, Global Operations Conference Call Participants Sidney Ho - Deutsche Bank Amy Sutter - Deutsche Bank Sidney Ho Okay. Well, I guess, we can get started.

Micron Technology, Inc. (MU) Deutsche Bank's 2023 Technology Conference - (Transcript)

BOISE, Idaho, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal fourth quarter earnings conference call on Wednesday, September 27, 2023, at 2:30 p.m. Mountain time.

Micron Technology to Report Fiscal Fourth Quarter Results on September 27, 2023

Demand for standard memory chips remains weak, although Micron's revenue has likely bottomed. Servers aimed at AI workloads require more memory and more storage.

Artificial Intelligence Is Ending Micron's Downturn

Micron is attracting strong attention among super-investors. It is currently the top 34th stock most held by these investors, very disproportionate to its size among tech stocks. Several high-profile money managers (such as Fairfax Financial and Guy Spier) are holding and/or buying Micron shares at around $63.

Micron: Why Big Money Buys/Holds At ~$63?

U.S. Commerce Secretary Gina Raimondo said on Monday that she raised concerns about a number of U.S. business issues including Intel and Micron with Chinese Commerce Minister Wang Wentao.

US Commerce chief raised Micron, Intel in Chinese meetings

Micron announced its HBM3 Gen2 offering earlier, which outperforms other competing solutions. I believe the HBM3 Gen2 will be the Key to Micron's recovery. The China ban on Micron will only affect around 8% of its revenue.

Micron Technology: HMB3 Gen2 Is A Game Changer

Micron Technology (NASDAQ: MU) stock has done relatively well this year, rising by 26% since early January.

News for Micron Technology Stock (MU)