CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
     
Micron Technology Inc  (MU)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
 
 

EARNINGS REPORT by CSIMarket

Despite Strong Wireless Solutions Group segment, EPS fell


decrease font size NEWS BETA Increase font size

Micron Technology Inc announced first quarter 2016 operating income of $359 millions



Company's earnings deteriorated despite Sales growth in the first quarter 2016, income fell by -15.79 % to $0.16 per share, while Sales increased in double digits by 18.51 % to $3.97 billions, from the same quarter a year ago.

Semiconductors company regained it's profitability from the preceding quarter from $-0.16 per share, Sales improved by 23.41 % from $3.22 billions.
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%.
Income thrived in Wireless Solutions Group and Embedded Solutions Group segments, with 119.26% and 2.08% respectively, but any possibility of company wide income growth relinquished, with declining earnings in DRAM Solutions Group and All Other business units.
Those were major factors for -12.62 % decline, in company's net earnings from $206 millions in the corresponding period a year before.

NAND Solutions Group segment has also negatively impacted company eanings, by recording a loss of $-33.0 millions, while a year ago, the same business yielded $55.0 millions in earnings. Micron Technology Inc shifted it's focus on improving sales in the first quarter 2016, as a result net margin eased to 4.53%.
segment have widen the loss. 1NAND Solutions Group segment has slipped into deficit.
Stocks
Economy
Industries
Other MU's Earnings Reports

Micron Technology Inc reported forth quarter 2016 earnings

Micron Technology Inc reported third quarter 2016 earnings

Micron Technology Inc reported second quarter 2016 earnings

Economy

Advance Monthly Sales
Consumer Price Index CPI
Producer Price Index PPI
Retail Inventories
Personal Income
Gross Domestic Product GDP
Money Supply
Industrial Production
Productivity
Employment Situation
US International Trade
Factory Orders
Durable Goods
Construction Spending
Housing Starts
Vehicle Unit Sales
Stocks

Event Calendar
PBH's Profile
Stock Price
PBH's Financials
PBH's Expectations
Business Description
Fundamentals
Charts & Quotes
PBH's News
Suppliers
PBH's Competitors
Customers & Markets
Economic Indicators
PBH's Growth
Company Segments
Industries

At a Glance
Performance
Growth Rates
Profitability
Valuation
Financial Strength
Markets

At a Glance
Stocks
Indices
Sectors & Industries
Financials
Commodities
Currencies
Screening

Stock Performance
Growth Rates
Profitability
Valuation
Dividend
Financial Strength
Efficiency
Expectations
Management Effectivness
News

At a Glance
Stocks
Economy
Industries
Other
Glossary

Financial Terms
Technical Analysis
Fundamental Analysis
Energy Terms
Manufacturing Terms
Transportation Terms
Health Care
Insurance Terms
Economy Terms
Hotel & Leisure Terms
Help

Sitemap
Advertise
About us
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com