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[size=1.125]Super Micro Computer (NASDAQ:[color=var(--sa-link-color)]
SMCI) is scheduled to report third-quarter results on Tuesday, April 30th, after market close.
[size=1.125]Analysts expect earnings per share of $5.68 on revenues of $3.9 billion for the quarter.
[size=1.125]The AI server maker is expected to report third-quarter revenue in-line with the high-end of its guidance and forecast fourth-quarter revenue which represents a more conservative sequential ramp from the third-quarter.
[size=1.125]Investors will be focusing on the company's market share and its ability to integrate into Nvidia's ([color=var(--sa-link-color)]
NVDA) latest offerings.
[size=1.125]"A steep Q/Q growth expectation, >20%, is already baked into SMCI forecasts. With management having seemingly guided both extremely aggressively and very conservatively over the past 18 months," said analysts at Wedbush, noting that it believes SMCI could both lift the bar or stick with current guidance.
[size=1.125]According to [color=var(--sa-link-color)]
J.P. Morgan, investors will also focus on the revenue ramp to fiscal fourth-quarter from the third-quarter as GPU supply becomes less constrained; the ability to grow revenue to be $20 billion or more in fiscal 2025; and operating margin leverage and expansion.
[size=1.125]Super Micro's ([color=var(--sa-link-color)]
SMCI) shares took a hit when the company [color=var(--sa-link-color)]
said it will issue its fiscal third-quarter results on April 30. In recent quarters, Super Micro ([color=var(--sa-link-color)]
SMCI) has pre-announced its results, including in January, when it upped its guidance 11 days prior to its earnings call.
[size=1.125]Shares of SMCI have [color=var(--sa-link-color)]
surged 804% in the last 12-months, outperforming NVDA's [color=var(--sa-link-color)]
gain of 226%, benefitting from its leading position among server makers looking to tap the AI boom.
[size=1.125]Over the last three months, the company has seen significant revisions to its estimates. Both its earnings per share estimates and revenue estimates have been revised upward nine times.
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