Super Micro Computer, Inc. (SMCI) Tops Q2 EPS by 18c; Guides Above the Street

Super Micro Computer, Inc. (NASDAQ: SMCI) reported Q2 EPS of $0.65, $0.18 better than the analyst estimate of $0.47. Revenue for the quarter came in at $503 million versus the consensus estimate of $466.15 million.

Super Micro Computer, Inc. sees Q3 2015 EPS of $0.46-$0.52, versus the consensus of $0.43. Super Micro Computer, Inc. sees Q3 2015 revenue of $450-500 million, versus the consensus of $457.77 million.

“Last quarter we achieved our fifth consecutive record high revenue which was 41.2% higher than last year and we reached our goal of $2 billion annual run rate for revenues in a quarter. Not only was this quarter outstanding from a revenue perspective, but we also continued to improve our operating margin. This performance was driven by a significant increase in our new Haswell product shipments in the first full quarter since its launch, and we are confident that a strong cycle of technology transition is underway. Strength in Storage and Cloud market verticals were part of a record for server systems revenue at 60.1%,” said Charles Liang, Chairman and Chief Executive of Supermicro. “Supermicro has the broadest product portfolio of application optimized server/storage technology in the industry featuring our Ultra line of servers as well as many choices for multi-node servers including our Twin architecture, Blades, MicroCloud and MicroBlade. We are well positioned for growth and market share gains.”

For earnings history and earnings-related data on Super Micro Computer, Inc. (SMCI) click here.

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