Micron Q3 Earnings: Revenue, EPS Beat Estimates As Data Center Revenue More Than Doubles, Strong Guidance On Rising AI-Driven Demand

Micron Technology Inc (NASDAQ:MU) reported financial results for the third quarter of fiscal 2025 after the market close on Wednesday. Here’s what you need to know from the report.

Q3 Earnings: Micron reported third-quarter revenue of $9.3 billion, beating the consensus estimate of $8.87 billion. The company reported third-quarter adjusted earnings of $1.91 per share, beating analyst estimates of $1.60 per share, according to Benzinga Pro.

Total revenue was up roughly 16% on a year-over-year basis. Operating cash flow came in at $4.61 billion versus $3.94 billion in the prior quarter and $2.48 billion in the comparable quarter last year. The company generated $1.95 billion ...