Supermicro Q3 2021 Earnings Report
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.
Supermicro
Supermicro
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.