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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 second quarter 2017 operating income of $1044 millions

Micron Technology Inc announced earnings per share of $0.77 and Sales of $3.97 billions in the second quarter 2017, Company's earnings turn positive per share, versus $-0.09 eps, earned in the same quarter a year ago, although Micron Technology Inc saw it's Sales rise by 58.42 % in the same period.

In contrast to the first quarter 2016 Sales improved by 17.08 % from $3.97 billions and eps more than doubled by 381.25 % from $0.16 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 $894 millions in the second quarter 2017 an improvement versus a net loss of $-96 millions in the same quarter a year ago. Micron Technology Inc also emphasized it's improving profit margins, where net margin rose to 19.23% in second quarter 2017, and operating margin edged up to 22.46%.
segment have widen the loss. 1NAND Solutions Group segment has slipped into deficit.
Other MU's Earnings Reports

Micron Technology Inc reported first quarter 2016 earnings

Micron Technology Inc reported forth quarter 2016 earnings

Micron Technology Inc reported third quarter 2016 earnings

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