Super Micro Computer (SMCI) Tops Q4 EPS by 3c

Super Micro Computer (NASDAQ: SMCI) reported Q4 EPS of $0.81, $0.03 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.02 billion.

“I am pleased to announce that for the first time our quarterly revenue has exceeded one billion dollars. For fiscal Q4 2021, we delivered year-over-year revenue growth of 19%. For fiscal year 2021, our revenue grew 7%. We are gaining market share and finally resumed fast growth starting from the March quarter this year,” said Charles Liang, Chairman and Chief Executive Officer. “We also delivered strong Q4 non-GAAP EPS year-on-year growth of 19% despite elevated operating costs due to the impact of COVID-19. We are shifting a greater portion of our operations and R&D investment to our Taiwan campus, which will result in lower costs. While our Q1 outlook reflects continued pressure from COVID-19 and global shortage headwinds, we are very optimistic about our future. We are committed to accelerating our revenue growth, our products have traction with top-tier customers, we are penetrating key markets, and we are continuing our long history of market share gains.”

GUIDANCE:

Super Micro Computer sees Q1 2022 EPS of $0.28-$0.48, versus the consensus of $0.55. Super Micro Computer sees Q1 2022 revenue of $900-980 billion, versus the consensus of $910.97 billion.

Super Micro Computer sees FY2022 EPS of at least $3.00, versus the consensus of $3.30. Super Micro Computer sees FY2022 revenue of $4.1-4.5 billion, versus the consensus of $3.91 billion.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Morgan Stanley sees little room left in steel rally, cuts Cleveland-Cliffs rating
• Accenture downgraded by TD Cowen on AI concerns