Docoh
Loading...

MU Micron Technology

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products are marketed under the brands Crucial and Ballistix. Micron and Intel together created IM Flash Technologies, which produces NAND flash memory. It owned Lexar between 2006 and 2017. Micron was founded in Boise, Idaho, in 1978 by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman as a semiconductor design consulting company. Startup funding was provided by local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke. Later it received funding from Idaho billionaire J. R. Simplot, whose fortune was made in the potato business. In 1981, the company moved from consulting to manufacturing with the completion of its first wafer fabrication unit , producing 64K DRAM chips.

Company profile

MU stock data

(
)

Calendar

1 Apr 21
18 Apr 21
2 Sep 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 May 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Sep 20 Aug 19 Aug 18 Aug 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 6.57B 6.57B 6.57B 6.57B 6.57B 6.57B
Cash burn (monthly) (positive/no burn) 49.75M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) n/a 75.98M n/a n/a n/a n/a
Cash remaining n/a 6.5B n/a n/a n/a n/a
Runway (months of cash) n/a 130.6 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Apr 21 David Zinsner Common Stock Sell Dispose S No Yes 91.04 570 51.89K 124,924
15 Apr 21 David Zinsner Common Stock Sell Dispose S No Yes 90.08 7,480 673.8K 125,494
15 Apr 21 David Zinsner Common Stock Option exercise Aquire M No No 44.21 4,250 187.89K 132,974
15 Apr 21 David Zinsner Common Stock Option exercise Aquire M No No 44.21 3,800 168K 128,724
15 Apr 21 David Zinsner NQSO Common Stock Option exercise Dispose M No No 44.21 3,800 168K 31,785
15 Apr 21 David Zinsner NQSO Common Stock Option exercise Dispose M No No 44.21 4,250 187.89K 35,633
12 Apr 21 Joel L Poppen Common Stock Sell Dispose S No Yes 96.29 804 77.42K 252,213
12 Apr 21 Joel L Poppen Common Stock Sell Dispose S No Yes 95.53 4,180 399.32K 253,017
12 Apr 21 Joel L Poppen Common Stock Option exercise Aquire M No No 18.18 4,984 90.61K 257,197
12 Apr 21 Joel L Poppen NQSO Common Stock Option exercise Dispose M No No 18.18 4,984 90.61K 29,904

Financial report summary

?
Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • This discussion should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual report on Form 10-K for the year ended September 3, 2020. All period references are to our fiscal periods unless otherwise indicated. Our fiscal year is the 52 or 53-week period ending on the Thursday closest to August 31. Fiscal 2021 contains 52 weeks and our fiscal 2020 contained 53 weeks. Our second quarters and first six months of 2020 and 2021 each contained 13 and 26 weeks, respectively. All tabular dollar amounts are in millions, except per share amounts.
  • Micron Technology, Inc., including its consolidated subsidiaries, is an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
New words: aware, belief, book, categorize, classification, cumulative, detailed, disposition, drought, edge, excellence, false, foreseeable, fuel, GAAP, geopolitical, hand, illiquid, imminently, insufficient, justify, misleading, momentum, overhead, pose, preferable, President, principle, procedural, question, reach, reclassification, rich, Similarly, spare, standard, unleash, variance, variant, voidable, WPG, write
Removed: Backed, disruptive, endurance, learning, machine, MTU, roadmap