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Home » Micron Technology’s (MU) CEO Mark Durcan on Q4 2014 Results – Earnings Call Transcript

Micron Technology’s (MU) CEO Mark Durcan on Q4 2014 Results – Earnings Call Transcript

Micron Technology, Inc. (NASDAQ:MU)

Q4 2014 Earnings Conference Call

September 25, 2014 16:30 pm ET


Kipp Bedard – VP, IR

Mark Durcan – CEO

Mark Adams – President

Ron Foster – CFO, VP, Finance


CJ Muse – ISI Group

Betsy Van Hees – Wedbush

Romit Shah – Nomura Securities

Mark Delaney – Goldman Sachs

John Pitzer – Credit Suisse

Rajvindra Gill – Needham & Company

Vijay Rakesh – Sterne Agee

Alex Gauna – JMP Securities

Mark Newman – Bernstein


Good afternoon. My name is Kate and I will be our conference facilitator today. At this time, I would like to welcome everyone to Micron Technology’s Fourth Quarter 2014 Financial Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer period. (Operator Instructions) Thank you.

It’s now my pleasure to turn the floor over to your host, Kipp Bedard. You may begin your conference.

Kipp Bedard – VP, IR

Thank you very much and welcome everyone to Micron Technology’s fourth quarter 2014 financial release conference call. On the call today is Mark Durcan, CEO and Director; Mark Adams, President; and Ron Foster, Chief Financial Officer and Vice President of Finance.

This conference call, including audios and slides is also available on our Web site at In addition, our Web site has a file containing the quarterly operational and financial information and guidance, non-GAAP information with reconciliation, slides used during the conference call and a convertible debt and capped call dilution table. If you have not had an opportunity to review the fourth quarter 2014 financial press release, again, it is also available on our Web site at Our call will be approximately 60 minutes in length. There will be an audio replay of the call. You may access that by dialing 4045373406 with the confirmation code of 2237916. This replay will run through Thursday, October 2 at 11:30 pm Mountain Time. A webcast replay will be available on the company’s Web site until September of 2015. We encourage you to monitor our Web site at throughout the quarter for the most current information on the company, including information on various financial conferences that we will be attending. You can also follow us on Twitter @microntech.

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