📈 Micron announces record quarter and ambitious outlook!
In the third fiscal quarter of 2025, Micron Technology $MU demonstrated a return to a growth trajectory. Record revenues of $9.3 billion, a nearly fivefold year-over-year increase in net income, and significant margin improvement across segments show that the memory industry has its strong period ahead.

🔍 Key Figures (Q3 FY25):
Revenues: $9.30 billion (expectations $8.87 billion)

Non-GAAP earnings per share: $1.91 ($1.60 expected)

GAAP earnings per share: $1.68

Free cash flow: $1.95 billion

Gross margin: 39% (non-GAAP)

Growth was driven by all segments, with an extreme jump in HBM memory (High Bandwidth Memory)a key element for AI accelerators. Data center revenue growth was also strong, more than doubling.

📦 Financial strength and return on capital:
Capital expenditure: $2.66 billion

Cash position: +USD 12 billion

Dividend paid: $0.115 per share (7/22/2025)

Micron has sufficient funds to continue to expand, invest and return shares to shareholders. And with this rate of growth, that will be important.

🔭 Outlook (Q4 FY25):
Revenue: $10.7bn (vs. consensus $9.9bn)

Earnings per share: ~$2.50 (non-GAAP)

Gross margin: heading towards 42%

CEO Sanjay Mehrotra called the current growth a direct result of "disciplined investment and technology leadership in AI-memory". This year alone, Micron' s stock has notched up more than 48 %.

Shares are flat today after the earnings announcement.

What do you think of Micron?