Supermicro Announces Second Quarter Fiscal Year 2021 Financial Results, New Stock Repurchase Authorization, and Chief Financial Officer Transition

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Go back to Supermicro Announces Second Quarter Fiscal Year 2021 Financial Results, New Stock Repurchase Authorization, and Chief Financial Officer Transition

Super Micro Computer (SMCI) Tops Q2 EPS by 19c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus, Announces $200M Share Buyback

February 2, 2021 4:37 PM EST

Super Micro Computer (NASDAQ: SMCI) reported Q2 EPS of $0.63, $0.19 better than the analyst estimate of $0.44. Revenue for the quarter came in at $830.31 million versus the consensus estimate of $821.65 million.

Second Quarter Fiscal Year 2021 Highlights

Net sales of $830 million versus $762 million in the first quarter of fiscal year 2021 and $871 million in the same quarter of last year.Gross margin of 16.4% versus 17.0% in the first quarter of fiscal year 2021 and 15.9% in the same quarter of last year.Net income of $28 million versus $27 million in the first quarter of fiscal... More