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Micron has reported for the third quarter of the 2021 fiscal year



Micron is one of the manufacturers that does not have a regular financial calendar. So, on June 3, Micron ended the third quarter of the 2021 financial year. The corresponding report was published on the company’s website yesterday.

Micron’s revenue for the reporting period was $ 7.42 billion. In the previous quarter, revenues were $ 6.24 billion, and the report for the third quarter of fiscal year 2020 shows a value of $ 5.44 billion.

Operating income was $ 1.74 billion. In the previous quarter, it was equal to $ 663 million, and a year ago – $ 888 billion.

Net income reached $ 1.735 billion. In the previous quarter, it was equal to $ 603 million, and a year ago – $ 803 million.

As of the end of the quarter, the company had $ 9.82 billion in cash and cash equivalents at its disposal. In the current quarter, Micron expects revenue of 8.2 ± 0.2 billion dollars.

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