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Jun 30, 2020
Supermicro Q4 2020 Earnings Report
Supermicro's Q4 2020 earnings reflected revenue growth and stable non-GAAP EPS amidst COVID-19 impacts.
Key Takeaways
Supermicro reported Q4 2020 results with a 5% year-over-year revenue increase, driven by Edge applications and internet data center customers. Non-GAAP EPS remained relatively stable despite COVID-19 related costs. The company announced a stock repurchase program for up to $30 million of its common stock.
Net sales increased to $896 million, up from $854 million in the same quarter last year.
Net income was reported at $18 million, compared to $24 million in the same quarter of the previous year.
Diluted net income per common share was $0.34, versus $0.46 in the same quarter last year.
Non-GAAP diluted net income per common share was $0.68, slightly down from $0.69 in the same quarter last year.
Forward Guidance
For the first quarter of fiscal year 2021, the company expects net sales between $720 million and $800 million, GAAP net income per diluted share between $0.03 and $0.27, and non-GAAP net income per diluted share between $0.10 and $0.35.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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