Super Micro Computer (SMCI) Tops Q1 EPS by 39c, Revenues Beat; Offers 2Q EPS Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Above Consensus

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Go back to Super Micro Computer (SMCI) Tops Q1 EPS by 39c, Revenues Beat; Offers 2Q EPS Guidance Above Consensus, 2Q Revenue Mid-Point Guidance Above Consensus

Supermicro Announces First Quarter Fiscal Year 2021 Financial Results and New Stock Repurchase Authorization

November 3, 2020 4:05 PM EST

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 financial results for its first quarter of fiscal year 2021 ended September 30, 2020.

First Quarter Fiscal Year 2021 Highlights

Net sales of $762 million versus $896 million in the fourth quarter of fiscal year 2020 and $800 million in the same quarter of last year. Gross margin of 17.0% versus 13.8% in the fourth quarter of fiscal year 2020 and 16.4% in the... More