Micron Q3 Earnings: Revenue Beat, EPS Beat, Q4 Earnings Guidance, 'Expanding AI-Driven Opportunities Ahead' And More
Micron Q3 Earnings: Revenue Beat, EPS Beat, Q4 Earnings Guidance, 'Expanding AI-Driven Opportunities Ahead' And More
Micron Technology Inc (NASDAQ:MU) reported financial results for the third quarter after the market close on Wednesday. Here's a rundown of the report.
美光科技公司 (NASDAQ:MU)在周三收盘后发布了第三季度财务报告。以下是报告摘要。
Micron Q3 Earnings: Micron reported third-quarter revenue of $6.81 billion, beating the consensus estimate of $6.634 billion. The company reported adjusted earnings of 62 cents per share, beating analyst estimates of 49 cents per share.
美光第三季度营业收入达到68.1亿美元，超过了市场预期的66.34亿美元。公司报告调整后的每股收益为62美分，超过了分析师预期的49美分。
Micron has now exceeded analyst estimates on the top and bottom lines in five straight quarters, according to data from Benzinga Pro.
据Benzinga Pro提供的数据显示，美光已连续五个季度在营收和利润两方面超过分析师预期。
Operating cash flow came in at $2.48 billion versus $1.22 billion in the prior quarter and $24 million in the comparable quarter last year. Adjusted free cash flow was $425 million in the quarter. The company ended the quarter with $9.22 billion in cash, marketable securities and restricted cash.
经营现金流为24.8亿美元，高于上一季度的12.2亿美元和去年同期的2400万美元。本季度调整后的自由现金流为4.25亿美元。公司于本季度末拥有92.2亿美元的现金、市场证券和受限制的现金。
"Robust AI demand and strong execution enabled Micron to drive 17% sequential revenue growth, exceeding our guidance range in fiscal Q3," said Sanjay Mehrotra, president and CEO of Micron.
美光总裁兼首席执行官桑杰·麦罗特拉表示：“强劲的人工智能需求和卓越的执行力推动美光在财年第三季度实现了17%的季度收入增长，超出了我们的营收区间。我们在高带宽内存（HBM）等高毛利产品上取得了份额增长，我们的数据中心SSD营收创历史新高，充分展示了我们跨DRAM和NAND产品组合在人工智能领域的实力。我们对未来不断扩大的基于人工智能的机遇感到兴奋，并定位良好，有望在2025财年实现实质性的收入记录。”
"We are gaining share in high-margin products like High Bandwidth Memory (HBM), and our data center SSD revenue hit a record high, demonstrating the strength of our AI product portfolio across DRAM and NAND. We are excited about the expanding AI-driven opportunities ahead, and are well positioned to deliver a substantial revenue record in fiscal 2025."
“我们在高带宽内存（HBM）等高毛利产品上取得了份额增长，我们的数据中心SSD营收创历史新高，充分展示了我们跨DRAM和NAND产品组合在人工智能领域的实力。我们对不断扩大的基于人工智能的机遇感到兴奋，并定位良好，有望在2025财年实现实质性的收入记录。”
Micron also noted that its board declared a quarterly dividend of $0.115 per share, payable on July 23 to shareholders of record as of July 8.
美光还指出，公司董事会宣布每股股息为0.115美元的季度股息，将于7月23日支付给截至7月8日持股的股东。
Micron Outlook: Micron anticipates fourth-quarter revenue of $7.6 billion, plus or minus $200 million, versus estimates of $7.6 billion. The company expects fourth-quarter adjusted earnings to be between $1 and $1.16 per share versus estimates of $1.05 per share.
美光预计第四季度营收将达76亿美元，加减200万美元，而市场预期为76亿美元。公司预计第四季度调整后每股收益将在1美元至1.16美元之间，预期为1.05美元。
Management will hold a conference call to discuss Micron's quarterly results at 4:30 p.m. ET.
公司管理层将于东部时间下午4:30举行电话会议，讨论美光的季度业绩。
MU Price Action: Micron stock was up more than 65% year-to-date heading into the print. At the time of publication, Micron shares were down 7.28% at $132.49 in after-hours trading, according to Benzinga Pro.
截至发稿时，美光股票日度涨幅超过65%，但在收盘后交易中下跌7.28%，报132.49美元，据Benzinga Pro数据显示。
Photo: courtesy of Micron.
图片：来自美光公司的礼物。