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 |
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 |