Micron Technology (MU) PT Lowered to $80 at Needham & Company

Micron Technology, Inc., Reports Results for the Fourth Quarter and Full Year of Fiscal 2018

September 20, 2018 4:01 PM EDT

BOISE, Idaho, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (NASDAQ: MU) today announced results of operations for its fourth quarter and full year of fiscal 2018, which ended August 30, 2018.

Fiscal Q4 2018 highlights

Revenues of $8.44 billion, up 38 percent compared with the same period last yearGAAP net income of $4.33 billion, or $3.56 per diluted shareNon-GAAP net income of $4.31 billion, or $3.53 per diluted shareOperating cash flow of $5.16 billion, compared with $3.20 billion for the same period last year

Fiscal 2018 highlights

Revenues of $30.39 billion, up 50 percent... More

Micron Appoints Mike Bokan as Senior Vice President, Worldwide Sales

September 20, 2018 4:01 PM EDT

BOISE, Idaho, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that the company has appointed Mike Bokan as senior vice president of Worldwide Sales, effective Oct. 1, 2018. Bokan succeeds Steve Thorsen, who is retiring from Micron after 30 years with the company but will remain as an adviser through early November 2018 to ensure a smooth transition. Bokan is being promoted to senior vice president and will report directly to Micron President and CEO Sanjay Mehrotra.

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Micron Technology, Inc., Reports Results for the Fourth Quarter and Full Year of Fiscal 2018

September 20, 2018 4:01 PM EDT

Record FY18 revenue over $30 billion driven by strong execution and diverse demand growth

BOISE, Idaho, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (NASDAQ: MU) today announced results of operations for its fourth quarter and full year of fiscal 2018, which ended August 30, 2018.

Fiscal Q4 2018 highlights

Revenues of $8.44 billion, up 38 percent compared with the same period last yearGAAP net income of $4.33 billion, or $3.56 per diluted shareNon-GAAP net income of $4.31 billion, or $3.53 per diluted shareOperating cash flow of $5.16 billion, compared with $3.20 billion for the same... More

Micron Appoints Mike Bokan as Senior Vice President, Worldwide Sales

September 20, 2018 4:01 PM EDT

Succeeds retiring Steve Thorsen

BOISE, Idaho, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that the company has appointed Mike Bokan as senior vice president of Worldwide Sales, effective Oct. 1, 2018. Bokan succeeds Steve Thorsen, who is retiring from Micron after 30 years with the company but will remain as an adviser through early November 2018 to ensure a smooth transition. Bokan is being promoted to senior vice president and will report directly to Micron President and CEO Sanjay Mehrotra.

On behalf of the... More