Super Micro Computer (SMCI) Misses Q4 EPS by $1.85, Guidance Tops Views

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Go back to Super Micro Computer (SMCI) Misses Q4 EPS by $1.85, Guidance Tops Views

Supermicro Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

August 6, 2024 4:18 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced fourth quarter and full-year financial results for fiscal year 2024 ended June 30, 2024.

Fourth Quarter of Fiscal Year 2024 Highlights

Net sales of $5.31 billion versus $3.85 billion in the third quarter of fiscal year 2024 and $2.18 billion in the same quarter of last year. Gross margin of 11.2% versus 15.5% in the third quarter of fiscal year 2024 and 17.0% in the same... More