8-KEarnings & ResultsLeadership ChangesExhibits & Filings

MICRON TECHNOLOGY INC 8-K Report, Financial Results (Jun 28, 2007)

Filed June 28, 2007For Securities:MU

Summary

Micron Technology, Inc. (MU) filed an 8-K report on June 28, 2007, primarily to announce its financial results for the fiscal quarter ended May 31, 2007. While the details of these financial results are not included in the 8-K text itself but are referenced as being in an attached press release (Exhibit 99.1), this filing serves as the official notification to the market regarding the company's performance during that period. Additionally, the report disclosed a key executive leadership change. Mark Durcan, previously the Chief Operating Officer, has been promoted to President and Chief Operating Officer. Steve Appleton will continue in his roles as Chairman of the Board and Chief Executive Officer. These announcements are significant for investors as they provide insight into the company's operational and financial standing, as well as its leadership structure.

Key Highlights

  • 1Announcement of financial results for the quarter ended May 31, 2007, via press release (Exhibit 99.1).
  • 2Mark Durcan appointed as President and Chief Operating Officer.
  • 3Steve Appleton continues as Chairman of the Board and Chief Executive Officer.
  • 4The report is filed on June 28, 2007, with the earliest event date being June 27, 2007.
  • 5No specific financial figures are detailed within the 8-K text itself; reference is made to Exhibit 99.1 for full details.
  • 6The filing serves as a formal disclosure of these material events to investors and the market.

Frequently Asked Questions

The detailed financial results are not included directly in the text of this 8-K filing. They were announced in a press release issued on June 28, 2007, which is attached as Exhibit 99.1 to this Form 8-K. Investors should refer to Exhibit 99.1 for the specific financial performance data.

The appointment of Mark Durcan to President and Chief Operating Officer, while Steve Appleton retains his CEO and Chairman roles, indicates a shift in operational leadership responsibilities. This move may signal a focus on further operational execution and efficiency under Durcan's expanded role, while Appleton continues to guide the company's overall strategy and governance.

This specific 8-K filing (Item 2.02) only announces the reporting of financial results for the quarter. It does not detail specific new financial commitments, significant asset sales, or other material changes in financial condition. For that information, investors would need to review the attached press release (Exhibit 99.1).