The company said net sales for fiscal 2024 Q4 were $5.31 billion, compared with $3.85 billion in Q3 of fiscal 2024 and $2.18 billion in the same quarter a year earlier. Net income for the same quarter was $353 million.

1. 01

   The company said net sales for fiscal 2024 Q4 were $5.31 billion, compared with $3.85 billion in Q3 of fiscal 2024 and $2.18 billion in the same quarter a year earlier. Net income for the same quarter was $353 million.

2. 02

   The company said its gross margin for fiscal 2024 Q4 was 11.2%, compared with 15.5% in Q3 and 17.0% in the same quarter a year earlier. Non-GAAP gross margin for Q4 was 11.3%, which adds back stock-based compensation expense of $3 million.

3. 03

   Supermicro said net sales for fiscal 2024, which ended June 30, were $14.94 billion and net income was $1.21 billion. Over the same period, net cash used in operating activities was $(2,479,437) thousand, and net cash provided by financing activities was $3,911,724 thousand.

4. 04

   The company said its Board of Directors approved a 10-for-1 forward split and expects trading on a split-adjusted basis to begin on October 1, 2024. It also gave an outlook for net sales of $6.0 billion to $7.0 billion for the first quarter of fiscal 2025 Q1, and net sales of $26.0 billion to $30.0 billion for the full fiscal year.

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

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