Super Micro forecasts quarterly revenue above estimates on strong AI server demand
SMCI•Super Micro Computer forecast second-quarter revenue of $19.5 billion to $21.5 billion, above analysts’ $17.14 billion estimate, and raised its fiscal 2027 revenue forecast to $72 billion to $82 billion. First-quarter revenue was $19.95 billion, and shares rose about 6% in extended trading.
1. Quarterly results and outlook
Super Micro Computer forecast second-quarter revenue of $19.5 billion to $21.5 billion, above analysts’ average estimate of $17.14 billion, as demand for AI-optimized servers boosted sales. It reported first-quarter revenue of $19.95 billion, compared with the $16.39 billion estimate, and adjusted earnings of $1.81 per share, versus $1.23 expected. Gross margin was 12.7%, above its preliminary estimate of 12.0% to 12.5%.
2. Fiscal forecast and scrutiny
The company forecast fiscal 2027 revenue of $72 billion to $82 billion, up from its prior forecast of $65 billion to $72 billion and above analysts’ $69.17 billion estimate. Shares rose about 6% in extended trading. Super Micro has faced scrutiny after a contractor pleaded guilty last month to charges related to illegally exporting servers containing advanced Nvidia AI chips to China.
