$MU (+1,44 %) My dears, I remain invested.
DRAM manufacturer Micron Technology today published preliminary results for the fourth quarter of the 2024/2025 financial year.
Micron Technology Inc (Nasdaq: MU, ISIN: US5951121038) today announced that it is updating its guidance for revenue, gross margin, operating expenses and earnings per share for the fourth quarter of fiscal year 2025 ending August 28, 2025.
Previously, the company had forecast revenue of $10.7 billion ± $300 million, non-GAAP gross margin of 42 percent ± 1.0 percent and non-GAAP earnings per share of $2.50 ± $0.15 for the fourth quarter of fiscal 2025.
Micron Technology now expects revenue of $11.2 billion ± $100 million, non-GAAP gross margin of 44.5 percent ± 0.5 percent and non-GAAP earnings per share of $2.85 ± $0.07 in the fourth quarter of fiscal 2025.
Operating costs are expected to amount to USD 1.37 billion ± USD 15 million (previously: USD 1.35 billion ± USD 20 million). Earnings per share (US GAAP, diluted) are expected to be USD 2.64 ± USD 0.07 (previously: USD 2.29 ± USD 0.15).
The revised guidance reflects improved pricing, particularly in the DRAM segment, and strong execution, the company said in a statement.
