Micron Q3 EPS Tops Estimates by 22% with $41.5B Revenue
MU•MU•MU•MU•Micron delivered Q3 adjusted EPS of $25.11 versus $20.49 expected on revenue of $41.46 billion, topping estimates by 16%. The company forecast Q4 EPS of $30 to $32 and revenue of $49 to $51 billion, sending shares up about 10% in after-hours trading.
Micron reported Q3 adjusted EPS of $25.11, surpassing consensus by $4.62, on revenue of $41.46 billion, 16% above forecasts.
Management guided Q4 adjusted EPS at $30–$32 and revenue between $49 and $51 billion, exceeding analyst projections by roughly 14%.
Shares jumped about 10% in after-hours trading and have rallied approximately 260% year-to-date, driven by robust data center memory demand.
Roughly 90% of analysts maintain buy ratings, and CEO Sanjay Mehrotra emphasized the strategic value of memory in supporting accelerated AI deployments.
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