Summary by Moomoo AI
On November 5, 2024, Super Micro Computer, Inc. released preliminary financial results for the first quarter of fiscal year 2025, which ended on September 30, 2024. The company reported net sales between $5.9 billion and $6.0 billion, falling short of its earlier projection of $6.0 billion to $7.0 billion. Both GAAP and non-GAAP gross margins were approximately 13.3%, with GAAP diluted net income per share ranging from $0.68 to $0.70, and non-GAAP diluted net income per share between $0.75 and $0.76. These figures reflect adjustments for stock-based compensation expenses. Super Micro Computer also disclosed its cash and debt positions, with about $2.1 billion in cash and $2.3 billion in total debt. Looking ahead, the company anticipates net sales for the second quarter of fiscal year 2025 to be between $5.5 billion and $6.1 billion. Additionally, the...Show More
