north bergen,new jersey 4/1/2010 3:20:15 AM
News / Science & Technology

World Leading Semi-Conductor Solutions Provider (NASDAQ:MU) releases Latest News.

Micron Technology Inc Announces 2nd Quarter Results.

Micron Technology Inc today announced results of for its second quarter of fiscal 2010, which ended March 4, 2010. Dynegy Inc trades on the “NASDAQ” under the stock symbol “MU”. For More information regarding “MU”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.

 

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Micron Technology, Inc., (NASDAQ:MU) today announced results for its second quarter of fiscal 2010, which ended March 4, 2010. For the second quarter of fiscal 2010, the company had net income attributable to Micron shareholders of $365 million, or $0.39 per diluted share, on net sales of just under $2 billion. These results compare to net income of $204 million, or $0.23 per diluted share, on net sales of $1.74 billion for the first quarter of fiscal 2010 and a net loss of $763 million, or $0.99 per diluted share, on net sales of $1.0 billion for the second quarter of fiscal 2009. Amounts and presentations for periods prior to fiscal 2010 have been recast for the effects of the adoption of new accounting standards for convertible debt and non-controlling interests.

 

The company will host a conference call today at 2:30 p.m. MDT to discuss its financial results. The call, audio and slides will be available online at http://www.micron.com/. A webcast replay will be available on the company's Web site until March 31, 2011. A taped audio replay of the conference call will also be available at (706) 645-9291 (conference number: 63044542) beginning at 5:30 p.m. MDT today and continuing until 5:30 p.m. MDT on April 7, 2010.

 

About Micron:

Micron Technology, Inc is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAM, NAND Flash memory, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. To learn more about Micron Technology, Inc. visit http://www.micron.com/.

 

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Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

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