Micron Stock Is Moving Lower Thursday: What's Going On?
Micron Stock Is Moving Lower Thursday: What's Going On?
Micron Technology Inc (NASDAQ:MU) shares are trading lower Thursday after the company reported third-quarter earnings results and issued lackluster top-line guidance. Here's what you need to know.
美光科技股份有限公司（NASDAQ:MU）週四發佈第三季盈利報告併發布了令人失望的業績預測，股價下跌。以下是你需要知道的內容。
- Q3 Revenue: $6.81 billion, beat estimates of $6.634 billion
- Q3 營業收入：68.1億美元，超過了66.34億美元的預估收入。
- Q3 EPS: 62 cents, beat estimates of 49 cents
- Q3 每股收益：0.62美元，超過了0.49美元的預估收益。
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.
經營現金流爲24.8億美元，高於上一季度的12.2億美元和去年同期的2400萬美元。本季度調整後的自由現金流爲4.25億美元。公司於本季度末擁有92.2億美元的現金、市場證券和受限制的現金。
"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.
美光總裁兼首席執行官桑傑·麥羅特拉表示：“強勁的人工智能需求和卓越的執行力推動美光在財年第三季度實現了17%的季度收入增長，超出了我們的營收區間。我們在高帶寬內存（HBM）等高毛利產品上取得了份額增長，我們的數據中心SSD營收創歷史新高，充分展示了我們跨DRAM和NAND產品組合在人工智能領域的實力。我們對未來不斷擴大的基於人工智能的機遇感到興奮，並定位良好，有望在2025財年實現實質性的收入記錄。”
"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."
“我們在高帶寬內存（HBM）等高毛利產品上取得了份額增長，我們的數據中心SSD營收創歷史新高，充分展示了我們跨DRAM和NAND產品組合在人工智能領域的實力。我們對不斷擴大的基於人工智能的機遇感到興奮，並定位良好，有望在2025財年實現實質性的收入記錄。”
Looking Ahead: 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.
展望未來：美光公司預計第四季度營業收入爲76億美元，上下浮動2億美元，而預估收入爲76億美元。該公司預計第四季度調整後盈利爲每股1美元至1.16美元，而預估收益爲每股1.05美元。
Don't Miss: Elon Musk's SpaceX Set For Record $210B Valuation In Tender Offer, But Still Valued Less Than TikTok: Report
不要錯過：埃隆·馬斯克的SpaceX在投標中有望獲得創紀錄的2100億美元估值，但仍低於TikTok的估值：報告
Analyst Changes: Multiple analysts adjusted price targets on the stock following the print.
分析師變更：多名分析師在本次公佈報告後調整了該股票的價格目標。
- Needham analyst Quinn Bolton maintained Micron with a Buy and raised the price target from $120 to $150.
- Needham分析師Quinn Bolton維持美光股票買入評級，並將價格目標從120美元提高至150美元。
- Piper Sandler analyst Harsh Kumar maintained Micron with an Overweight and raised the price target from $130 to $150.
- Piper Sandler分析師Harsh Kumar維持美光股票超額評級，並將價格目標從130美元上調至150美元。
- Keybanc analyst John Vinh maintained Micron with an Overweight and raised the price target from $150 to $160.
- Keybanc分析師John Vinh維持美光股票超額評級，並將價格目標從150美元上調至160美元。
- Rosenblatt analyst Hans Mosesmann maintained Micron with a Buy and a price target of $225.
- Rosenblatt分析師Hans Mosesmann維持美光股票買入評級，並將價格目標設爲225美元。
MU Price Action: Micron shares were down 4.49% at $135.98 at the time of publication, according to Benzinga Pro.
MU價格行情：據Benzinga Pro數據，美光股票於發佈時下跌4.49%，至每股135.98美元。
Photo: NPS_87 from Shutterstock
圖片：來自 Shutterstock 的 NPS_87。
譯文內容由第三人軟體翻譯。