- Supermicro reported its fourth quarter results on Tuesday, achieving an EPS of $1.70 on revenue of $11.1 billion, which beat earnings expectations but fell short of revenue estimates.
- The company provided a Q1 revenue forecast of $14.5 billion to $15.5 billion and an EPS of $1.01 to $1.10, exceeding analyst expectations.
- Following the strong guidance, Supermicro's shares rose by more than 6%.
- In April, Supermicro initiated an independent investigation after the Department of Justice indicted co-founder Yih-Shyan Liaw and two others for allegedly violating US export controls.
- In June, CEO Charles Liang announced plans to co-build a gigawatt-scale data center for SpaceX and xAI, while the company raised up to $7 billion in equity-linked financing.
Super Micro's fourth quarter results showcased a strong performance, with adjusted earnings per share (EPS) of $1.70 on revenue of $11.1 billion, surpassing analyst expectations of $1.59 EPS and $11.2 billion in sales.1
The company attributed its success to the booming artificial intelligence market, which has significantly boosted server sales. CEO Charles Liang stated, "Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year, generated more than $60 billion in new orders, and booked record backlog entering fiscal 2027."
Looking ahead, Super Micro projects first quarter net sales between $14.5 billion and $15.5 billion, exceeding analyst expectations of $11.9 billion. This optimistic forecast reflects the ongoing demand for AI infrastructure.
Despite this positive outlook, Super Micro's stock has struggled, down 30% over the past year, while competitors like HPE and Dell Technologies have seen significant gains of 160% and 230% respectively.
In June, the company announced plans to co-build a gigawatt-scale data center for SpaceX and xAI, and is raising up to $7 billion in equity-linked financing to support its AI initiatives.67
“The company's Q1 revenue forecast of $14.5-$15.5 billion far exceeded the highest analyst estimate of $13.3 billion, with adjusted EPS projected at $1.01-$1.10. CEO Charles Liang cited record backlog and over $60 billion in new orders entering fiscal 2027.”
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