earnings
confidence high
sentiment positive
materiality 0.85
Micron Q1 record rev $8.71B, GAAP EPS $1.67, non-GAAP $1.79; data center rev up >400% YoY
MICRON TECHNOLOGY INC
2025-Q1 EPS reported
$1.67
revenue$8,709,000,000
- Revenue $8.71B (record), up 12% QoQ and 84% YoY; GAAP net income $1.87B, diluted EPS $1.67.
- Non-GAAP net income $2.04B, diluted EPS $1.79; operating cash flow $3.24B.
- Data center revenue grew over 40% sequentially and over 400% YoY, now >50% of total revenue.
- Guidance for Q2 FY2025: revenue ~$7.9B, GAAP gross margin 37.5%, GAAP diluted EPS $1.26; non-GAAP EPS $1.43.
- Quarterly dividend declared $0.115 per share, payable Jan 15, 2025.