Micron increased revenue and profits

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POSTER: computer news   ||   MICRON INCREASED REVENUE AND PROFITS	DATE:2017-03-26
Micron Technology reported on its work in the second quarter of fiscal year 2017.  The calendar is the period from December 2016 to February 2017, inclusive.  The company's revenue for the period reached $ 4.65 billion. This figure has consistently grown by 17%, and for the year it increased by 58%.  Revenue growth occurred for two key reasons.  First, the company reduces production costs, which is seen as the merit of managers.  Secondly, Memory DRAM for an incomplete year has risen in price by 21% and continues to rise in price.   The company's net profit for the reported period was $ 894 million. A year ago, in the same quarter, the company showed losses in the region of $ 97 million, and a quarter earlier net profit was $ 180 million. Thanks to the increase in purchasing prices for memory, the company's gross profit increased consistently from 25.5% to 36 , 7%.  Since the stabilization of memory prices is expected not earlier than the third calendar quarter of this year, Micron further expects to increase its margin.   Related Products :

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