Micron beats by $0.31, beats on revs; guides Q4 EPS above consensus, revs above consensus
4:05 PM ET 6/25/25 | Briefing.com
Reports Q3 (May) earnings of $1.91 per share, excluding non-recurring items, $0.31 better than the FactSet Consensus of $1.60; revenues rose 36.6% year/year to $9.3 bln vs the $8.86 bln FactSet Consensus. Co issues upside guidance for Q4, sees EPS of $2.50, +/- $0.15, equating to EPS of $2.35-$2.65, excluding non-recurring items, vs. $2.03 FactSet Consensus; sees Q4 revs of $10.7 bln, +/- $300 mln, equating to revenue of $10.4-$11.0 bln vs. $9.9 bln FactSet Consensus."Micron delivered record revenue in fiscal Q3, driven by all-time-high DRAM revenue including nearly 50% sequential growth in HBM revenue. Data center revenue more than doubled year-over-year and reached a quarterly record, and consumer-oriented end markets had strong sequential growth," said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. |
