Supermicro Provides Third Quarter Fiscal 2025 Business Update and Preliminary Financial Results

About this update from Super Micro Computer, Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer Inc. (Nasdaq: SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced a business update and unaudited preliminary financial results for the third quarter (Q3) of fiscal year 2025 ended March 31, 2025. New generation product design wins are robust During Q3 some delayed customer platform decisions moved sales into Q4 The GAAP and Non-GAAP gross margin for Q3 was 220 basis points lower than Q2 primarily due to higher inventory reserves resulting from older generation products and expedite costs to enable time-to-market for new products Expected Range Prior Guidance Net Sales $4.5B to $4.6B $5.0B to $6.0B GAAP diluted net income per common share $0.16 to $0.17 $0.36 to $0.53 Non-GAAP diluted net income per common share $0.29 to $0.31 $0.46 to $0.62 This unaudited financial information is based on preliminary results and management's estimates and is inherently uncertain and subject to revision in connection with the Company's financial closing procedures and finalization of the Company's financial statements for its third quarter of fiscal year 2025. Actual unaudited results for the third quarter of fiscal year 2025 may differ materially from these preliminary unaudited financial results. Conference Call and Webcast Information Supermicro will present a live audio webcast of a conference call to review its third quarter of fiscal year 2025 on Tuesday, May 6, 2025, at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at https://ir.supermicro.com. A replay of the webcast will be available shortly after the call at the same website and will remain accessible for one year. Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release that are not historical fact may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may relate to, among other things, the estimated fiscal year 2025 third quarter preliminary financial information, including net sales, GAAP and non-GAAP gross margin and diluted net income per common share and the timing of certain sales being recognized. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and...

View stock analysis, news, and events for Super Micro Computer, Inc.