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Micron Technology, Inc. (MU) Q1 2025 Earnings Call Transcript

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Micron Technology, Inc. (NASDAQ:MU) Q1 2025 Earnings Conference Call December 18, 2024 4:30 PM ET

Company Participants

Satya Kumar – Corporate Vice President, Investor Relations and Treasury
Sanjay Mehrotra – President and Chief Executive Officer
Mark Murphy – Chief Financial Officer

Conference Call Participants

CJ Muse – Cantor Fitzgerald
Timothy Arcuri – UBS
Vivek Arya – Bank of America Securities
Joseph Moore – Morgan Stanley
Krish Sankar – TD Cowen
Chris Danely – Citi
Toshiya Hari – Goldman Sachs

Operator

Thank you for standing by, and welcome to Micron Technologies Fiscal First Quarter 2025 Financial Conference Call. At this time, all participants are in listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [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 Technology’s 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 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 on 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

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