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Micron Technology Management Discusses Q3 2012 Results - Earnings Call Transcript
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Micron Technology Management Discusses Q3 2012 Results - Earnings Call Transcript


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  • 1. Micron Technology Management Discusses Q32012 Results - Earnings Call Transcript
  • 2. EXECUTIVES• Kipp A. Bedard - Vice President of Investor Relations• D. Mark Durcan - Chief Executive Officer and Director• Ronald C. Foster - Chief Financial Officer, Principal Accounting Officer and Vice President of Finance• Mark W. Adams - President
  • 3. ANALYSTS James Schneider - Goldman Ada Menaker - MKM Partners LLC, Sachs Group Inc., Research Research Division Division Uche X. Orji - UBS Investment Bank, Alex Gauna - JMP Securities Research Division LLC, Research Division Brian C. Peterson - Raymond James Kevin Cassidy - Stifel, Nicolaus & Associates, Inc., Research Division & Co., Inc., Research Division Shawn R. Webster - Micron Technology (MU) Q3 2012 Macquarie Research Earnings Call June 20, 2012 4:30 PM ET Christopher J. Muse - Barclays Capital, Research Division
  • 4. OPERATOR• Good afternoon. My name is Huey, and Ill be your conference facilitator today. At this time, Id like to welcome everyone to Micron Technologys Third Quarter 2012 Financial Release Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Kipp Bedard. Sir, you may begin your conference.
  • 5. Kipp A. Bedard• Thank you very much. Id also like to welcome everyone to Micron Technologys Third Quarter 2012 Financial Release Conference Call. On the call today is Mark Durcan, CEO and Director; Mark Adams, President; and Mr. Ron Foster, Chief Financial Officer and Vice President of Finance. This conference call, including audio and slides, is also available on Microns website at• If you have not had an opportunity to review the third quarter 2012 financial press release, again it is available on our website at Our call will be approximately 60 minutes in length. There will be an audio replay of this call, accessed by dialing (404) 537-3406 with a confirmation code of 90798592. This replay will run through Wednesday, June 27, 2012 at 5:30 p.m. Mountain Time.
  • 6. A webcast replay will be available on thecompanys website until June 2013. We encourage youto monitor our website, again at micron.comthroughout the quarter for the most currentinformation on the company, including information onthe various financial conferences that we will beattending. Please note the following Safe Harbor statement.During the course of this meeting, we may makeprojections or other forward-looking statementsregarding future events or the future financialperformance of the company and the industry. Wewish to caution you that such statements arepredictions and that actual events or results may differmaterially. Well refer you to the documents thecompany files on a consolidated basis from time totime with the Securities and Exchange Commission,specifically the company’s most recent Form 10-K andForm 10-Q.