Super Micro Computer, Inc. Revises Earnings Guidance for Second Quarter Ended December 31, 2017 and Provides Sales Guidance for the Third Quarter Ending March 31, 2018
January 30, 2018 at 09:17 pm
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Super Micro Computer, Inc. revised earnings guidance for second quarter ended December 31, 2017 and provided sales guidance for the third quarter ending March 31, 2018. The company expects net sales in a range of $840 million to $850 million compared to its previous guidance range of $725 million to $780 million. GAAP gross margin in the range of 13.2% to 13.4% and non-GAAP gross margin in the range of 13.2% to 13.4%. GAAP fully diluted earnings per share in the range of $0.05 to $0.09. Non-GAAP fully diluted earnings per share in the range of $0.49 to $0.53
The company expects net sales in a range of $700 million to $780 million for the third quarter of fiscal year 2018 ending March 31, 2018.
Super Micro Computer, Inc. specializes in the design, manufacture and marketing of high-performance server and storage systems, based on an innovative, modular and open architecture. Net sales break down by family of products as follows:
- servers and data storage systems (92.2%): accelerated computing platforms made up of a combination of servers and storage systems, designed for data centers, cloud computing, enterprise computing, Hadoop/Big Data, high-performance computing, artificial intelligence, 5G/IdO/Edge technologies and embedded systems. The group also offers server management and security software solutions, as well as professional services;
- modular server subsystems and accessories (7.8%): server boards, enclosures, processors, motherboards, power supplies, adapters, switches, networking systems, cables, ventilation systems, etc.
At the end of June 2023, the group has 3 production sites located in the United States, the Netherlands and Taiwan.
Net sales are distributed geographically as follows: The United States (67.9%), Asia (14.7%), Europe (14.1%) and others (3.3%).
Super Micro Computer, Inc. Revises Earnings Guidance for Second Quarter Ended December 31, 2017 and Provides Sales Guidance for the Third Quarter Ending March 31, 2018