Super Micro Computer (SMCI) Tops Q4 EPS by 18c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus

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Go back to Super Micro Computer (SMCI) Tops Q4 EPS by 18c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus

Supermicro Announces Fourth Quarter and Full Year Fiscal Year 2020 Financial Results and Stock Repurchase Authorization

August 11, 2020 4:05 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in high-performance, high-efficiency server and storage technology and green computing, today announced fourth quarter and full-year financial results for fiscal year 2020 ended June 30, 2020.

Fourth Quarter of Fiscal Year 2020 Highlights

Net sales of $896 million versus $772 million in the third quarter of fiscal year 2020 and $854 million in the same quarter of last year. Gross margin of 13.8% versus 17.3% in the third quarter of fiscal year 2020 and 15.5%... More