The company gave net sales guidance of $4.5B to $4.6B for fiscal 2025 Q3, which ends on March 31, 2025. Prior guidance was $5.0B to $6.0B.

1. 01

   The company gave net sales guidance of $4.5B to $4.6B for fiscal 2025 Q3, which ends on March 31, 2025. Prior guidance was $5.0B to $6.0B.

2. 02

   The company said it expects GAAP diluted net income per share for Q3 of $0.16 to $0.17, and non-GAAP diluted net income per share of $0.29 to $0.31. Prior guidance was $0.36 to $0.53 and $0.46 to $0.62, respectively.

3. 03

   Super Micro said its GAAP and non-GAAP gross margin for Q3 was 220 basis points lower than for Q2. The company cited higher inventory reserves on older-generation products and expedite costs to secure time-to-market for new products as the main factors.

4. 04

   The company said its GAAP and non-GAAP per-share earnings adjustments for Q3 include stock-based compensation expense of about $85 million and debt extinguishment expenses of about $30 million, and that the related tax effect of these two items is about $30 million. Its guidance assumes tax rates of about 5.1% for GAAP and about 15.5% 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

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