Consulted on various matters by the Commission:
Micron's Impressive Q3 Performance and Q4 Prospects
Tech heavyweight Micron blew everyone away with an astounding fiscal Q3 2025 earnings report. Revenue soared to an unprecedented $9.30 billion, marking a staggering increase from the previous quarter's $8.05 billion and last year's $6.81 billion.
With GAAP net income of $1.89 billion, or $1.68 per diluted share, and a non-GAAP net income of $2.18 billion, or $1.91 per diluted share, Micron didn't just meet expectations - it crushed them. Operating cash flow also saw a significant boost, reaching $4.61 billion.
The growth was fueled by all-time high DRAM revenue and a nearly 50% sequential increase in HBM revenue. Data center revenue more than doubled year-over-year, setting a new quarterly record.
Looking ahead, Micron expects fiscal Q4 revenue to grow another 15% sequentially, reaching approximately $10.7 billion. The gross margin is estimated around 41%. The revenue growth is expected to be heavily weighted toward DRAM, supported by strong pricing, a favorable product mix, and cost improvements.
Operating expenses are projected to be around $1.2 billion for fiscal Q4. Micron's cash and liquidity position is robust, with $12.2 billion in cash and investments and $15.7 billion total liquidity. The company plans to continue investing in technology leadership and manufacturing to meet the growing AI-driven memory demand.
Elsewhere in the market, there was news about Shell, Yum! Brands, Nvidia, AeroVironment, Heidelberg Materials, and BYD, but detailed financial performance and outlook information were not available in our current search.
Micron's impressive Q3 performance in the finance sector is reflected in the tremendous growth of its revenue, GAAP net income, and non-GAAP net income. Looking forward, Micron anticipates an additional 15% sequential growth in revenue for Q4, with a forecasted gross margin of 41%, indicating a continued strong financial performance.
