Micron Technology(US:MU) Yahoo Financeยท2025-09-24 20:08Core Viewpoint - Micron Technology reported strong earnings and guidance, yet its stock fell 2.8% due to concerns over cash flow despite impressive revenue and profit growth [1][3][5]. Financial Performance - For fiscal Q4 2025, Micron earned $3.03 per share on revenue of $11.3 billion, surpassing analyst expectations of $2.86 per share and $11.2 billion in revenue [1][3]. - Quarterly sales increased by 45% year over year, with gross profit margin rising to 44.7% and operating margin increasing to 32.3% [3]. - For the full fiscal year 2025, Micron achieved $37.4 billion in revenue, reflecting a 49% growth, and earned $7.59 per share [4]. Cash Flow Concerns - Despite strong operating cash flow of $17.5 billion in fiscal 2025, Micron spent nearly all of it on capital expenditures, resulting in only $1.7 billion in free cash flow [5][6]. - The company generated only $0.20 in real cash profit for every $1 in GAAP profit, raising concerns about the sustainability of its earnings [6]. Future Outlook - Management provided positive guidance for fiscal Q1 2026, indicating expectations for continued growth in sales and profits [1][7].