Micron Technology, Inc. (MU) Q1 2023 Earnings Call Transcript

Micron Technology, Inc. (NASDAQ:MU) Q1 2023 Results Conference Call December 21, 2022 4:30 PM ET

Company Participants

Farhan Ahmad - VP, IR

Sanjay Mehrotra - President & CEO

Mark Murphy - CFO

Conference Call Participants

Tim Arcuri - UBS

C.J. Muse - Evercore ISI

Chris Caso - Credit Suisse

Tom O'Malley - Barclays

Krish Sankar - Cowen

Mehdi Hosseini - Susquehanna

Toshiya Hari - Goldman Sachs

Aaron Rakers - Wells Fargo

Operator

Good day, and welcome to Micron's First Quarter 2023 Financial Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker, Farhan Ahmad, Head of Investor Relations. Please go ahead.

Farhan Ahmad

Thank you, and welcome to Micron Technology's Fiscal First Quarter 2023 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 on 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 may 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 the financial conferences that we may be attending. You can follow us on Twitter at MicronTech.

As a reminder, the matters we are discussing today include forward-looking statements regarding market demand and supply, our expected results and other matters. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from the statements made today.

We refer you to the documents we filed with the SEC, including our most recent Form 10-K and 10-Q for a discussion of the risks that may affect our future results. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. We are under no duty to update any of the forward-looking statements to conform these statements to actual results.