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Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2025
- Micron Technology, Inc. announced its third quarter fiscal 2025 results on June 25, showing record revenue and strong financial performance for the quarter ended May 29, 2025.
- This report follows rising demand for memory products amid AI-driven growth and reflects ongoing global challenges like supply chain constraints and geopolitical tensions.
- Micron reported revenue of $9.30 billion for the quarter, an increase from $8.05 billion in the previous quarter and $6.81 billion from the same quarter last year, along with a net income based on GAAP principles totaling $1.89 billion and operating cash flow reaching $4.61 billion.
- CEO Sanjay Mehrotra stated that the company is carefully allocating resources to enhance its technological capabilities and manufacturing strength in order to meet the increasing demand for AI-focused memory products.
- Micron declared a $0.115 per share quarterly dividend payable July 22, 2025, while projecting continued growth and solid profitability amid cautious optimism on external risks.
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Micron Technology: Fiscal 3Q25 Financial Results
Micron Technology, Inc. announced results for its third quarter of fiscal 2025, which ended May 29, 2025. Fiscal Q3 2025 highlights Revenue of $9.30 billion vs. $8.05 billion for the prior quarter and $6.81 billion for the same period last year GAAP net income of $1.89 billion, or $1.68 per diluted share Non-GAAP net income of $2.18 billion, […] The post Micron Technology: Fiscal 3Q25 Financial Results appeared first on StorageNewsletter.
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