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Sep 30, 2021
Supermicro Q1 2022 Earnings Report
Supermicro's Q1 2022 financial results were announced, demonstrating revenue growth and market share gains.
Key Takeaways
Supermicro announced its Q1 2022 financial results, with revenue exceeding $1 billion, representing a 35% year-over-year growth. The company's growth was driven by strong design win momentum and shipment growth to key global customers.
Net sales reached $1.03 billion, compared to $762 million in the same quarter of last year.
Net income was $25 million, versus $27 million in the same quarter of last year.
Diluted net income per common share was $0.48, compared to $0.49 in the same quarter of last year.
Non-GAAP diluted net income per common share was $0.58, compared to $0.55 in the same quarter of last year.
Forward Guidance
For the second quarter of fiscal year 2022 ending December 31, 2021, the Company expects net sales of $1.1 billion to $1.2 billion, GAAP net income per diluted share of $0.60 to $0.80 and non-GAAP net income per diluted share of $0.70 to $0.90.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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