Super Micro Computer Q1 adjusted EPS $1.81 vs. IBES estimate $1.23
SMCI•Super Micro Computer reported Q1 adjusted EPS of $1.81, compared with an IBES estimate of $1.23. Sales were $19.9 billion, and the company forecast FY net sales of $72 billion to $82 billion and Q2 net sales of $19.5 billion to $21.5 billion.
1. Q1 results and outlook
Super Micro Computer reported Q1 EPS of $1.75 and net income of $1.594 billion. Sales were $19.9 billion, versus an IBES estimate of $16.389 billion, and adjusted gross margin was 12.8%. The company forecast Q2 adjusted EPS of $1.66 to $1.90.
