(PR) Micron Technology Reports Results for the Second Quarter of Fiscal 2025

Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2025, which ended February 27, 2025.

Fiscal Q2 2025 highlights
  • Revenue of $8.05 billion versus $8.71 billion for the prior quarter and $5.82 billion for the same period last year
  • GAAP net income of $1.58 billion, or $1.41 per diluted share
  • Non-GAAP net income of $1.78 billion, or $1.56 per diluted share
  • Operating cash flow of $3.94 billion versus $3.24 billion for the prior quarter and $1.22 billion for the same period last year
"Micron delivered fiscal Q2 EPS above guidance and data center revenue tripled from a year ago," said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. "We are extending our technology leadership with the launch of our 1-gamma DRAM node. We expect record quarterly revenue in fiscal Q3, with DRAM and NAND demand growth in both data center and consumer-oriented markets, and we are on track for record revenue and significantly improved profitability in fiscal 2025."
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