Memory Chipmaker Micron Technology Inc. (NASDAQ: MU) Wednesday reported revenue and revenue growth for the third quarter of 2025, reflecting overall growth in the end market. The results beat Wall Street predictions.
Idaho Headquarted Semiconductor Company reported adjusted earnings of $1.91 per share for the third quarter. Revenues beat estimates. On an unadjusted basis, net income was $1.89 billion or $1.68 per share in the third quarter, compared to $332 million or $0.30 per share in the previous year’s quarter.
Driven revenue growth, third quarter revenue rose sharply from $6.81 billion in its response period in 2024, surpassing Wall Street expectations. The board of directors of high-tech companies declared a
Quarterly dividend of $0.115 per share paid to shareholders on record on July 7, 2025 on July 22, 2025.
Commenting on the results, Micron CEO Sanjay Mehrotra said“Micron produced record revenue in the third quarter driven by the highest ever DRAM revenue, including sequential growth of nearly 50% of HBM revenue. Datacenter revenue more than doubled year-on-year, reaching quarterly records, and the consumer-oriented final market grew steadily.”
Management expects revenue to be around $10.7 billion in the fourth quarter of 2025. The full year adjusted earnings guidance is approximately $2.50 per share, while the GAAP earnings forecast is approximately $2.29 per share.
