8-K
filed November 1, 2023, 7:59 PM ET
ticker SMCI
CIK 0001375365
earnings
confidence high
sentiment positive
materiality 0.85
Supermicro Q1 FY2024 revenue $2.12B, GAAP EPS $2.75; raises FY revenue outlook to $10-11B
Super Micro Computer, Inc.
2024-Q1 EPS reported
$2.75
revenue$2,119,672,000
- Net sales $2.12B (+14.6% YoY); GAAP net income $157M vs $184M YoY; diluted EPS $2.75 vs $3.35.
- Non-GAAP diluted EPS $3.43 vs $3.42 YoY; gross margin 16.7% vs 18.8% YoY.
- Q2 FY2024 guidance: revenue $2.7-2.9B, GAAP diluted EPS $3.75-4.24, non-GAAP $4.40-4.88.
- FY2024 revenue outlook raised to $10-11B (previously $10-11B maintained, CEO cites strong AI demand).
- Cash from operations $271M; cash & equivalents $543M; total bank debt $146M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Super Micro Computer, Inc. reported second quarter of fiscal year 2024 ending December 31, 2023 results: revenue $2.7 billion to $2.9 billion, EPS $3.75 to $4.24. Guidance initiated.
- Period
- second quarter of fiscal year 2024 ending December 31, 2023
- Revenue
- $2.7 billion to $2.9 billion
- EPS
- $3.75 to $4.24
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
For the second quarter of fiscal year 2024 ending December 31, 2023, the Company expects net sales of $2.7 billion to $2.9 billion, GAAP net income per diluted share of $3.75 to $4.24 and non-GAAP net income per diluted share of $4.40 to $4.88.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Super Micro Computer, Inc. reported fiscal year 2024 ending June 30, 2024 results: revenue $10 billion to $11 billion. Guidance raised.
- Period
- fiscal year 2024 ending June 30, 2024
- Revenue
- $10 billion to $11 billion
- Guidance
- raised
- Result
- guidance update
Exact text from the filing
million that are excluded from non-GAAP net income per diluted share. For fiscal year 2024 ending June 30, 2024, the Company maintains its guidance for net sales from a range of $10 billion to $11 billion. Conference Call and Webcast Information Supermicro will hold a public webcast at 2:00 p.m. PDT today to discuss the results for its first quarter of fiscal year
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Super Micro Computer, Inc. reported first quarter of fiscal year 2024 ended September 30, 2023 results: revenue $2.12 billion, net income $157 million, EPS $2.75.
- Period
- first quarter of fiscal year 2024 ended September 30, 2023
- Revenue
- $2.12 billion
- Net income
- $157 million
- EPS
- $2.75
- Result
- reported results
Exact text from the filing
Net sales of $2.12 billion versus $2.18 billion in the fourth quarter of fiscal year 2023 and $1.85 billion in the same quarter of last year. • Gross margin of 16.7% versus 17.0% in the fourth quarter of fiscal year 2023 and 18.8% in the same quarter of last year. • Net income of $157 million versus $194 million in the fourth quarter of fiscal year 2023 and $184 million in the same quarter of last year. • Diluted net income per common share of $2.75 versus $3.43 in the fourth quarter of fiscal year 2023 and $3.35 in the same quarter of last year.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.