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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (94046)	3/20/2025 4:13:26 PM
From: Return to Sender	Respond to of 95327

Micron beats by $0.13, beats on revs; guides Q3 EPS in-line, revs above consensus 4:04 PM ET 3/20/25 \| Briefing.com Reports Q2 (Feb) earnings of $1.56 per share, excluding non-recurring items, $0.13 better than the FactSet Consensus of $1.43; revenues rose 38.2% year/year to $8.05 bln vs the $7.9 bln FactSet Consensus.Non-GAAP gross margin of $37.9% compared to 39.5% in Q1.Co issues guidance for Q3, sees EPS of $1.57, +/- $0.10, equating to EPS of 1.47-1.67, excluding non-recurring items, vs. $1.52 FactSet Consensus; sees Q3 revs of $8.80 bln, +/- $200 mln, equating to revenue of 8.60-9.0 vs. $8.48 bln FactSet Consensus."Micron delivered fiscal Q2 EPS above guidance and data center revenue tripled from a year ago," said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. "We are extending our technology leadership with the launch of our 1-gamma DRAM node. We expect record quarterly revenue in fiscal Q3, with DRAM and NAND demand growth in both data center and consumer-oriented markets, and we are on track for record revenue and significantly improved profitability in fiscal 2025."

To: Sam who wrote (94046)	3/20/2025 4:19:43 PM
From: Elroy	Read Replies (1) \| Respond to of 95327

Negative MU item I see is sales are forecast to go up, but gross margins are forecast to go down (below this Q and last). Not sure why. Maybe new product ramps are not at top yields next Q, and they're pulling corporate gross margins lower? Sorta wonder why gross margins aren't climbing with sales. In the Nov 2024 Q they did $8.7b sales with 39.5% gross margins. In the Feb 2025 Q they did $8.0b sales with 37.9% gross margings. Next Q they forecast $8.0b sales and only 36.5% gross margins. Why GM going down? Other than that it looks spiffy.