Wednesday, January 09, 2008

Micron Imaging Still Losing Money

Micron just published its Q-10 form for Q1 FY2008. Some results from imaging business side:
  • Imaging business lost $9M last quarter, down from $15-17M quarterly loss in Q2-Q3'FY2007.
  • Imaging sales where $169M, up from $149M in the previous quarter
  • Imaging R&D expenses where about $37M for the quarter vs. $42M in Q3'FY2007.
  • Gross margin is 26% in imagers
Overall the results are slightly better this quarter, although I hoped for a bigger improvement. Three sequental quarters in red complicate the spin-off process.
Posted by Vladimir Koifman at 19:17

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