The company said it expects Net Sales for the fiscal 2024 Q2 quarter, which ended December 31, 2023, to be $3.6B to $3.65B. Its prior guidance was $2.7B to $2.9B.

1. 01

   The company said it expects Net Sales for the fiscal 2024 Q2 quarter, which ended December 31, 2023, to be $3.6B to $3.65B. Its prior guidance was $2.7B to $2.9B.

2. 02

   Supermicro said it expects GAAP diluted net income per common share of $4.90 to $5.05 for Q2. Its prior guidance was $3.75 to $4.24.

3. 03

   The company expects non-GAAP diluted net income per common share of $5.40 to $5.55 for Q2, according to the filing. Its prior guidance was $4.40 to $4.88.

4. 04

   Supermicro said the non-GAAP adjustment for Q2 is stock-based compensation expense of about $33 million, net of the related tax effect, for both GAAP and non-GAAP diluted net income per share. Its outlook assumes a tax rate of about 17.3% for GAAP and 17.8% for non-GAAP, and a fully diluted share count of 58.1 million shares for GAAP and 59.0 million shares for non-GAAP.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.