Micron Technology, Inc., Reports Results for The Fourth Quarter and Full Year of 2017


  Year Ended  Year Ended
  August 31, 2017  September 1, 2016
  GAAP Adj Non-GAAP  GAAP Adj Non-GAAP
Net sales$20,322 $ $20,322  $12,399 $ $12,399 
Cost of goods sold11,886 (203)11,683  9,894 (87)9,807 
Gross margin8,436 203 8,639  2,505 87 2,592 
percent of revenue41.5%  42.5%  20.2%  20.9% 
            
Selling, general, and administrative743 (88)655  659 (69)590 
Research and development1,824 (55)1,769  1,617 (59)1,558 
Restructure and asset impairments18 (18)  67 (67) 
Other operating (income) expense, net(17) (17) (6) (6)
Operating expenses2,568 (161)2,407  2,337 (195)2,142 
Operating income (loss)5,868 364 6,232  168 282 450 
percent of revenue28.9%  30.7%  1.4%  3.6% 
            
Interest income (expense), net(560)125 (435) (395)126 (269)
Other non-operating income (expense), net(112)112   (54) 23   (31 )
  5,196   601   5,797     (281 ) 431   150  
               
Income tax (provision) benefit (114 ) (59 ) (173 )   (19 ) 85   66  
Equity in net income (loss) of equity method investees 8   17   25     25   33   58  
Net income (loss) 5,090   559   5,649     (275 ) 549   274  
               
Net income (loss) attributable to noncontrolling interests (1 )   (1 )   (1 )   (1 )
Net income (loss) attributable to Micron $ 5,089   $ 559   $ 5,648     $ (276 ) $ 549   $ 273  
               
Shares used in calculations 1,154   (14 ) 1,140     1,036   14   1,050  
Diluted earnings (loss) per share $ 4.41   $ 0.55   $ 4.96     $ (0.27 ) $ 0.53   $ 0.26  



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Latest Blog Posts
Vijay ChobisaSiemens EDA
by Vijay Chobisa
The Rise of Custom Acceleration
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Nomination Deadline for Phil Kaufman Award and Hall of Fame: June 30
Jobs
Senior Hardware Engineer IV – CA for Ampex Data Systems Corporation at Hayward, California
Senior Post Silicon Hardware Engineer for Nvidia at Santa Clara, California
Senior DPU System Application Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Hardware Engineer for PTEC Solutions at Fremont, California
Upcoming Events
SemiconWest - 2024 at Moscone Center San Francisco CA - Jul 9 - 11, 2024
Flash Memory 2024 Conference & Expo FMS2024 at Santa Clara Convention Center Santa Clara CA - Aug 6 - 8, 2024
SEMICON Taiwan 2024 at Taipei Nangang Exhibition Center Taipei Taiwan - Sep 4 - 6, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise