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

EARNINGS REPORT by CSIMarket

Income Positive Again, Sales very Strong


decrease font size NEWS BETA Increase font size

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.
Stocks
Economy
Industries
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



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