Micron Technology (MU) shares were up nearly 6% in recent Monday premarket activity after the company raised its Q4 guidance.

The company said it now expects Q4 non-GAAP earnings of $2.85 per diluted share, plus or minus $0.07, compared with its previous outlook of $2.50, plus or minus $0.15.

Analysts polled by FactSet expect earnings of $2.30.

Micron also said it expects Q4 revenue of $11.20 billion, plus or minus $100 million, compared with its prior guidance range of $10.70 billion, plus or minus $300 million.

Analysts polled by FactSet expect $10.75 billion.