Entering text into the input field will update the search result below

Micron Technology, Inc. (MU) at Morgan Stanley Technology, Media & Telecom Virtual Conference (Transcript)

Mar. 03, 2021 2:34 PM ETMicron Technology, Inc. (MU)2 Comments
SA Transcripts profile picture
SA Transcripts

Micron Technology, Inc. (NASDAQ:MU) Morgan Stanley Technology, Media & Telecom Virtual Conference March 3, 2021 11:45 AM ET

Company Participants

Dave Zinsner - CFO

Conference Call Participants

Joe Moore - Morgan Stanley

Joe Moore

Hi, welcome back everybody. Happy to be here with Micron. Before we start, I do need to read a quick safe harbor. For important disclosures, please see the Morgan Stanley Research disclosure Web site is www.morganstanely.com/disclosures. And if you have any questions, please reach out to your Morgan Stanley sales rep. So I'm happy to have Dave Zinsner, CFO of Micron today fresh off of the positive pre-announcement that we saw this morning. Dave, I think you have a safe harbor as well. And then we can go straight into that.

Dave Zinsner

Yes. Thanks, Joe and thanks for having me, and good to talk to everyone again. So just real quickly before I get started, I will be making forward looking statements. Those statements contain risks and uncertainties. And so you should consult our form 10-K and 10-Q recently filed for a list of all the risk factors associated with those forward looking statements. And then also generally, I'll be talking about non-GAAP numbers. And there's reconciliation of GAAP to non-GAAP on the Investor Relations Web site at Micron.

Joe Moore

So maybe start just with the pre announcement and most topical subject, a little more than $400 million of revenue upside, quite a bit of EPS upside. Can you just gives an indication of, I think some upside was anticipated. But generally, how is that balanced between pricing and volume and DRAM versus NAND?

Dave Zinsner

So let me just, I'll just reiterate the what we said this morning, just in case somebody missed it. Overall, for revenue, we said that revenue should be in the range of $6.2 billion

Recommended For You

Comments (2)

i_am_seeker_2 profile picture
--Analyst Actions: JP Morgan Adjusts Price Target for Micron Technology to $130 From $100, Maintains Overweight Rating

--Analyst Actions: KeyBanc Adjusts Micron Technology's Price Target to $130 from $121, Keeps Overweight Rating
oldbeachlvr profile picture
Needham ups target from $100 to $115 maintaing buy.
To report an error in this transcript, .Contact us to add your company to our coverage or use transcripts in your business. Learn more about Seeking Alpha transcripts here. Your feedback matters to us!

About MU

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on MU

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.