HighGravityDataMicron Technology — Dec 18, 2024 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-24-000046
Showing in the filing
Operating expenses (GAAP Outlook)
“$1.24 billion ± $15 million”
Period
Q2 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 10
Revenue growth outlook for FY2025
“we anticipate a return to growth in the second half of our fiscal year”
Quarterly dividend declared for FY2025
“$0.115 per share”
Quarterly dividend
“$0.115 per share”
Revenue (Non-GAAP Outlook) for Q2 FY2025
“$7.90 billion ± $200 million”
Gross margin (GAAP Outlook) for Q2 FY2025
“37.5% ± 1.0%”
Gross margin (Non-GAAP Outlook) for Q2 FY2025
“38.5% ± 1.0%”
Operating expenses (GAAP Outlook) for Q2 FY2025
“$1.24 billion ± $15 million”
Operating expenses (Non-GAAP Outlook) for Q2 FY2025
“$1.10 billion ± $15 million”
Diluted earnings per share (GAAP Outlook) for Q2 FY2025
“$1.26 ± $0.10”
Diluted earnings per share (Non-GAAP Outlook) for Q2 FY2025
“$1.43 ± $0.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
1 Business Outlook The following table presents Micron’s guidance for the second quarter of 2025: FQ2-25 GAAP (1) Outlook Non-GAAP (2) Outlook Revenue $7.90 billion ± $200 million $7.90 billion ± $200 million Gross margin 37.5% ± 1.0% 38.5% ± 1.0% Operating expenses $1.24 billion ± $15 million $1.10 billion ± $15 million Diluted earnings per share $1.26 ± $0.10 $1.43 ± $0.10 Further information regarding Micron’s business outlook is included in the prepared remarks and slides, which have been posted at investors.micron.com . Investor Webcast Micron will host a conference call on Wednesday, December 18, 2024 at 2:30 p.m. Mountain Time to discuss its first quarter financial results and provide forward-looking guidance for its second quarter. A live webcast of the call will be available online at investors.micron.com . A webcast replay will be available for one year after the call. For Investor Relations and other company updates, follow us on X @MicronTech. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all . With a relentless focus on our customers, technology leadership, manufacturing, and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial i
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.