Loading...
•
Mar 31, 2021
Supermicro Q3 2021 Earnings Report
Reported strongest revenue growth rate in more than two years driven by high profile customer engagements.
Key Takeaways
Supermicro reported Q3 revenue above the high end of their guidance range with year-over-year growth of 16%. Net sales were $896 million compared to $772 million in the same quarter of last year. Diluted net income per common share was $0.35, and non-GAAP diluted net income per common share was $0.50.
Net sales of $896 million versus $772 million in the same quarter of last year.
Gross margin of 13.7% versus 17.3% in the same quarter of last year.
Net income of $18 million versus $16 million in the same quarter of last year.
Non-GAAP diluted net income per common share of $0.50 versus $0.84 in the same quarter of last year.
Forward Guidance
The Company expects net sales of $980 million to $1.08 billion, diluted net income per common share of $0.56 to $0.77 and non-GAAP diluted net income per common share of $0.70 to $0.90 for the fourth quarter of fiscal year 2021 ending June 30, 2021.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...