$MU (Micron Technology, Inc.)

$MU {{ '2015-12-22T23:19:48+0000' | timeago}} • Webcast

On a non-GAAP basis, $MU said that it expects its 2Q16 consolidated revenue to be in the range of $2.9-3.2Bil, gross margin in the range of 17.5-20%, OpEx between $565MM and $620MM, operating income ranging between a loss of $60MM and income of $20MM and an EPS range between a loss of $0.12 per share and a loss of $0.05 per share.

$MSCC {{ '2017-09-06T14:38:41+0000' | timeago}} • Announcement

$MSCC appointed Richard Beyer to its BoD. Beyer was chairman and CEO of Freescale Semiconductor from 2008 through June 2012. Beyer currently serves as chairman of the board at Dialog Semiconductor PLC and sits on the board at $MU.

$MU {{ '2017-06-29T21:31:48+0000' | timeago}} • Webcast

$MU said the server demand continues to be strong for DRAM. Looking at the growth for DRAM content combined with the unit server increases, $MU believes the bit growth rate for the industry would be about 40% YoY. This is a high-value segment of the market.

$MU {{ '2017-06-29T21:22:18+0000' | timeago}} • Webcast

$MU has made strong progress over the past few quarters in Client SSDs as well as Enterprise and Cloud SSDs. The market share has also increased meaningfully. The market share in Enterprise and Cloud stands at sub 10% levels and in Client SSDs, the market share is in high single digits at present.

$MU {{ '2017-06-29T21:12:43+0000' | timeago}} • Webcast

For 4Q17, $MU expects adjusted revenues to be $5.7-6.1Bil. Adjusted gross margin is expected to be 47-51%, adjusted Opex is expected to be $575-625MM and adjusted operating income is expected to be $2.2-2.4Bil. Adjusted EPS is expected to be $1.73-1.87.

$MU {{ '2017-06-29T21:04:35+0000' | timeago}} • Webcast

During 3Q17, $MU’s embedded business unit recorded a 44% increase in revenue YoY to $700MM, driven by strong demand growth across all segments and a better pricing environment. The compute and networking business unit reported revenue of $2.4Bil. The storage business unit delivered revenue of $1.3Bil in 3Q17.

$MU {{ '2017-06-29T20:47:02+0000' | timeago}} • Webcast

$MU had strong revenues in all business units in 3Q17, nearly doubling the company level’s YoY revenue performance. In the compute and networking business unit, all segments posted significant gains from year-ago levels. Revenue from cloud customers was more than four times higher YoY and $MU saw increased enterprise demand.

$MU {{ '2017-06-29T20:32:31+0000' | timeago}} • Infographic

$MU Micron Technology Earnings AlphaGraphics: Q3 2017 highlights

$MU {{ '2017-06-29T20:20:18+0000' | timeago}} • Announcement

$MU reported net income of $1.65Bil or $1.40 per share for 3Q17 compared to a net loss of $215MM or $0.21 per share for 3Q16. Revenues were $5.57Bil, up 92% compared to 3Q16. The 3Q17 results reflects solid execution of cost reduction plans and favorable industry supply and demand dynamics.

$MU {{ '2017-06-26T21:49:08+0000' | timeago}} • Announcement

$MU announced the appointment of Jeff VerHeul as SVP, Non-Volatile Engineering, reporting to Sanjay Mehrotra, President and CEO. VerHeul most recently was SVP, Corporate Engineering at SanDisk.

$MU {{ '2017-06-22T13:58:03+0000' | timeago}} • Announcement

$MU has appointed Sumit Sadana as EVP and Chief Business Officer. He will report to Sanjay Mehrotra, President and CEO. Mr. Sadana has previously worked with IBM and Freescale Semiconductor.

$MU {{ '2017-04-27T15:57:31+0000' | timeago}} • Announcement

$MU's BoD appointed Sanjay Mehrotra as president and CEO and a member of the board, effective May 8, 2017. Mehrotra succeeds Mark Durcan, who will step down as CEO and from its BoD effective May 8, 2017. But Durcan will serve as an advisor to the company until early August.

$MU {{ '2017-03-23T22:11:18+0000' | timeago}} • Webcast

$MU said that it is focused on technology transitions and not focused on adding more supply. The company is utilizing the existing capacity and transitioning through advanced nodes. $MU is not planning for any capacity additions this year.

$MU {{ '2017-03-23T21:25:54+0000' | timeago}} • Webcast

$MU said that the business environment in 2Q17 continue to be positive with results favorably impacted by product mix, progress on cost improvement and the sustained positive pricing environment. DRAM represented 64% of total revenue in the recently ended quarter.

$MU {{ '2017-03-23T21:04:21+0000' | timeago}} • Infographic

$MU Micron Technology Earnings AlphaGraphics: Q2 2017 highlights

$MU {{ '2017-03-23T20:57:17+0000' | timeago}} • Webcast

$MU benefited from increases in client DRAM, mobile, cloud and enterprise pricing in 2Q17. In the computing and networking business unit, revenue grew due to the strength across all market segments with particular strength in cloud and enterprise. $MU plans to introduce more than 20 new MCP designs in its mobile segment over the next 12 months.

$MU {{ '2017-03-23T20:39:48+0000' | timeago}} • Announcement

For 2Q17, $MU recognized a non-operating gain of $71MM for the acquisition of Inotera Memories, Inc. Non-GAAP attributable net income was $1.03Bil or $0.90 per diluted share. From 1Q17 to 2Q17, the chipmaker saw a 21% jump in DRAM average selling prices and an 18% rise in trade NAND sales volumes.

$MU {{ '2017-03-23T20:30:38+0000' | timeago}} • Announcement

Memory-stick maker $MU posted a 2Q17 net income attributable to Micron of $894MM compared to a loss of $97MM a year ago. Diluted EPS was at $0.77 versus last year's loss of $0.09 per share, with a GAAP gross margin of 36.7%. Net sales jumped 58% to $4.65Bil, helped by strong demand and limited supply for NAND and DRAM solutions.

$MU {{ '2017-02-02T20:11:03+0000' | timeago}} • Announcement

$MU announced the upcoming retirement of its CEO Maark Durcan. The BoD has initiated a search for the next CEO and has also formed a special committee to oversee the succession process. During this process, Durcan will continue remain as the CEO during and will assist the company with its search and subsequent leadership transition.

$STX {{ '2017-01-20T14:52:34+0000' | timeago}} • Announcement

$STX appointed Mark Adams to its BoD. Adams was appointed at the company's BoD meeting held on Jan. 19, 2017. Adams served as President of semiconductor solutions company $MU from February 2012 to February 2016.

$MU {{ '2016-12-21T23:03:00+0000' | timeago}} • Webcast

$MU stated that it did not participate in the gathering of tech executives, which happened recently. The company added that it continues to stay involved in all the policies that will impact the business.

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