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Micron Technology Inc  (MU)
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    Sector  Technology    Industry Semiconductors


Income Positive Again, Sales very Strong

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Micron Technology Inc announced third quarter 2017 operating income of $1963 millions

Micron Technology Inc announced earnings per share of $1.40 and Sales of $4.65 billions in the third quarter 2017, Company's earnings turn positive per share, versus $-0.21 eps, earned in the same quarter a year ago, although Micron Technology Inc saw it's Sales rise by 92.06 % in the same period.

In contrast to the second quarter 2017 Sales improved by 19.75 % from $4.65 billions and eps soared by 81.82 % from $0.77 per share.
Micron Technology Inc told that it's good performance came from several different businesses, NAND Solutions Group +3.92%, Wireless Solutions Group +23.91%, Embedded Solutions Group +3.43%, while following sections logged decrease in revenues DRAM Solutions Group -18.47%, All Other -50%.
Company achieved net income of $1,647 millions in the third quarter 2017 an improvement versus a net loss of $-215 millions in the same quarter a year ago. Micron Technology Inc also emphasized it's improving profit margins, where net margin rose to 29.59% in third quarter 2017, and operating margin edged up to 35.27%.
segment have widen the loss. 1NAND Solutions Group segment has slipped into deficit.
Other MU's Earnings Reports

Micron Technology Inc reported second quarter 2017 earnings

Micron Technology Inc reported first quarter 2016 earnings

Micron Technology Inc reported forth quarter 2016 earnings

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