Reminiscence chipmaker Micron Expertise Inc. (NASDAQ: MU) on Tuesday reported a pointy enhance in revenues for the fourth quarter of fiscal 2025. Earnings greater than doubled year-over-year, beating estimates.
The Idaho-headquartered semiconductor firm reported adjusted earnings of $3.03 per share for the fourth quarter, in comparison with $1.18 per share within the year-ago interval. Earnings beat estimates. On an unadjusted foundation, internet revenue was $3.20 billion or $2.83 per share in This autumn, in comparison with $887 million or $0.79 per share within the prior-year quarter.
Fourth-quarter revenues rose sharply to $11.3 billion from $7.75 billion within the corresponding interval of 2024, exceeding Wall Avenue’s expectations.
For the primary quarter of fiscal 2026, the corporate expects revenues to be round $12.50 billion ± $300 million. The forecast for Q1 earnings per share, on an adjusted foundation, is $3.75 ± $0.15.
Commenting on the outcomes, Micron’s CEO Sanjay Mehrotra stated, “In fiscal 2025, we achieved all-time highs throughout our knowledge middle enterprise and are getting into fiscal 2026 with sturdy momentum and our best portfolio up to now. As the one U.S.-based reminiscence producer, Micron is uniquely positioned to capitalize on the AI alternative forward.”
