Flexible Electronics News

Micron Technology Reports Results for 3Q of Fiscal 2019

Micron reported revenue of $4.79 billion versus $7.80 bil-lion for the same period last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Micron Technology, Inc. announced results for its third quarter of fiscal 2019, which ended May 30, 2019.   Micron reported revenue of $4.79 billion versus $7.80 billion for the same period last year. GAAP net income was $840 million, or $0.74 per diluted share; Non-GAAP net income of $1.20 billion, or $1.05 per diluted share. The company also reported operating cash flow of $2.71 billion versus $4.26 billion for the same period last year.   “Micron’s improved competitive position and strong exe...

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