secwatch.observer — SEC 8-K summary
======================================

Issuer:     Super Micro Computer, Inc. (SMCI)
CIK:        0001375365
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001375365-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Supermicro Q2 FY2024 revenue $3.66B (+103% YoY); FY2024 guidance raised to $14.3-14.7B
--------------------------------------------------------------------------------

- Revenue $3.66B vs $1.80B YoY (+103%); GAAP diluted EPS $5.10 vs $3.14 YoY; non-GAAP EPS $5.59 vs $3.26 YoY.
- Gross margin 15.4% vs 18.7% YoY, down 330bps; GAAP net income $296M vs $176M YoY.
- FY2024 revenue guidance raised to $14.3-14.7B (prior $10-11B); Q3 FY2024 revenue guidance $3.7-4.1B.
- Q3 FY2024 GAAP EPS guide $4.79-5.64, non-GAAP $5.20-6.01; tax rate ~13.8% GAAP.
- Cash $726M, total bank debt $376M; operating cash flow used $595M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375365/000137536524000008/0001375365-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375365/000137536524000008/smci-20240129.htm
  HTML page:      https://secwatch.observer/filing/0001375365-24-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer