Q1 2025 Micron Technology Inc Earnings Call

In This Article:

Participants

Satya Kumar; Corporate Vice President, Investor Relations and Treasury; Micron Technology Inc

Sanjay Mehrotra; President, Chief Executive Officer, Director; Micron Technology Inc

Mark Murphy; Chief Financial Officer, Executive Vice President; Micron Technology Inc

C.J. Muse; Analyst; Cantor Fitzgerald

Timothy Arcuri; Analyst; UBS Equities

Vivek Arya; Analyst; BofA Global Research

Joseph Moore; Analyst; Morgan Stanley

Krish Sankar; Analyst; TD Cowen

Chris Danely; Analyst; Citigroup Global Markets Inc.

Toshiya Hari; Analyst; Goldman Sachs Research

Presentation

Operator

Thank you for standing by and welcome to Micron Technology's fiscal first quarter 2025 financial conference call. (Operator Instructions)
As a reminder, today's program is being recorded.
And now I'd like to introduce your host for today's program, Satya Kumar, Corporate Vice President, Investor Relations and Treasury. Please go ahead, sir.

Satya Kumar

Thank you and welcome to Micron Technologies fiscal first quarter 2025 financial conference call.
On the call with me today are Sanjay Mehrotra, our President and CEO and Mark Murphy, our CFO. Today's call is being webcast from our Investor Relations site at investors.micron.com including audio and slides.
In addition, the press release detailing our quarterly results has been posted on the website along with the prepared remarks for this call.
Today's discussion of financial results is presented on a non-GAAP financial basis unless otherwise specified. A reconciliation of the GAAP to non-GAAP financial measures can be found on our website. We encourage you to visit our website at micron.com throughout the quarter for the most current information the company, including information on financial conferences that we may be attending. You can also follow us on X at MicronTech.
As a reminder, the matters we are discussing today include forward-looking statements regarding market demand and supply, market, pricing and cost reduction trends and drivers, our plans for manufacturing, the impact of developing technologies such as AI, product ramp plans, technologies, and market position, expected capabilities of our future products, our expected results and guidance, and other matters.
These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from the statements made today. We refer you to the documents we filed with the SEC including our Form 10-K, Forms 10-Q and other reports and filings for a discussion of risks that may affect our future results. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. We are under no duty to update any of the forward-looking statements to conform these statements to actual results.
I will now turn the call over to Sanjay.