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Micron Technology — Mar 20, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-25-000006
Open on SEC.gov ↗
Showing in the filing
Revenue - Non-GAAP Outlook
“$8.80 billion ± $200 million”
Period
Q3 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 11
Quarterly revenue outlook (CEO statement) for Q3 FY2025
“We expect record quarterly revenue in fiscal Q3”
Revenue and profitability outlook (CEO state… for FY2025
“we are on track for record revenue and significantly improved profitability”
Quarterly dividend declared for FY2025
“$0.115 per share”
Quarterly dividend
“$0.115 per share”
Revenue - Non-GAAP Outlook for Q3 FY2025
“$8.80 billion ± $200 million”
Gross margin - GAAP Outlook for Q3 FY2025
“35.5% ± 1.0%”
Gross margin - Non-GAAP Outlook for Q3 FY2025
“36.5% ± 1.0%”
Operating expenses - GAAP Outlook for Q3 FY2025
“$1.27 billion ± $15 million”
Operating expenses - Non-GAAP Outlook for Q3 FY2025
“$1.13 billion ± $15 million”
Diluted earnings per share - GAAP Outlook for Q3 FY2025
“$1.37 ± $0.10”
Diluted earnings per share - Non-GAAP Outlook for Q3 FY2025
“$1.57 ± $0.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
On March 20, 2025, Micron’s Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on April 15, 2025, to shareholders of record as of the close of business on March 31, 2025. 1 Business Outlook The following table presents Micron’s guidance for the third quarter of 2025: FQ3-25 GAAP (1) Outlook Non-GAAP (2) Outlook Revenue $8.80 billion ± $200 million $8.80 billion ± $200 million Gross margin 35.5% ± 1.0% 36.5% ± 1.0% Operating expenses $1.27 billion ± $15 million $1.13 billion ± $15 million Diluted earnings per share $1.37 ± $0.10 $1.57 ± $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 Thursday, March 20, 2025 at 2:30 p.m. Mountain Time to discuss its second quarter financial results and provide forward-looking guidance for its third 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® bra
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.