secwatch.observer — SEC 8-K summary
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Issuer:     Super Micro Computer, Inc. (SMCI)
CIK:        0001375365
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001375365-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Supermicro Q1 FY2024 revenue $2.12B, GAAP EPS $2.75; raises FY revenue outlook to $10-11B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375365/000137536523000040/0001375365-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375365/000137536523000040/smci-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001375365-23-000040

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