Revenue: $5.82 billion, up 57.7% YoY and 23.2% QoQ.
Gross Profit: $1.08 billion, yielding a gross margin of 20%, up from -1.4% last quarter.
Net Income: $793 million compared to a net loss of $1.14 billion in the prior year.
EPS: $0.72, a drastic improvement from -$1.91 YoY.
Operating Income: $204 million with an operating margin of 4%, turning positive a quarter earlier than expectations.
Total Debt: $13.7 billion, lower borrowing costs due to recent refinancing.
Management cited improvements in DRAM pricing as a critical factor, with DRAM revenue now accounting for 71% of total revenue. NAND revenue also showed strong recovery, climbing to $1.6 billion, a 27% increase sequentially.