Micron Technology Inc (OQ:MU)

Sector:  Technology Industry:  Semiconductors
 
See Regulatory Filings on SEC
Company Contact
Address: 8000 S FEDERAL WAY
PO Box 6
BOISE ID 83716-9632
Tel: N/A
Website: https://www.micron.com
IR: See website
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Key People
Sanjay Mehrotra
President, Chief Executive Officer, Director
Mark J. Murphy
Chief Financial Officer, Executive Vice President
April S. Arnzen
Senior Vice President, Chief People Officer
Manish H. Bhatia
Executive Vice President, Global Operations
Scott J. DeBoer
Executive Vice President - Technology & Products
Sumit Sadana
Executive Vice President, Chief Business Officer
Michael W. Bokan
Senior Vice President - Worldwide Sales
Michael C. Ray
Senior Vice President, Company Secretary, Chief Legal Officer
 
Business Overview
Micron Technology, Inc. is a provider of memory and storage solutions. The Company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment includes memory and storage products sold into smartphone and other mobile-device markets. The EBU segment includes memory and storage products and solutions sold into automotive, industrial, and consumer markets. The SBU segment includes SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. It sells its products into various markets through its business units in numerous forms.
Financial Overview
For the six months ended 29 February 2024, Micron Technology Inc revenues increased 36% to $10.55B. Net loss decreased 82% to $441M. Revenues reflect Mobile Business Unit segment increase of 81% to $2.89B, Compute and Networking Business Unit segment increase of 26% to $3.92B, Storage Business Unit segment increase of 31% to $1.56B. Lower net loss reflects Unallocated segment income totaling $801M vs. loss of $1.8B.
Employees: 43,000 as of Aug 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $122,950M as of Feb 29, 2024
Annual revenue (TTM): $18,312M as of Feb 29, 2024
EBITDA (TTM): $3,771M as of Feb 29, 2024
Net annual income (TTM): -$3,767M as of Feb 29, 2024
Free cash flow (TTM): -$3,817M as of Feb 29, 2024
Net Debt Last Fiscal Year: $4,716M as of Feb 29, 2024
Shares outstanding: 1,107,368,110 as of Mar 14, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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