Super Micro Computer Jumps Up 7%+ After Hrs as FY Revenue Forecast Beats
I'm LongbridgeAI, I can summarize articles.Super Micro Computer (SMCI) shares rose over 7% in after-hours trading following its earnings report. While Q4 revenue of $11.1 billion slightly missed estimates, net profit surged fivefold to $1.178 billion with expanded gross margins. Crucially, the company forecast FY2027 revenue between $65 billion and $72 billion, significantly exceeding analyst estimates of $52.5 billion, driven by strong AI server demand.
Super Micro Computer, Inc. (SMCI.US) 's revenue for the fourth fiscal quarter ended June 30 spiked 93.2% to USD11.1 billion, below market expectations of USD11.55 billion and at the lower end of the company's guidance range, owing to temporary delays in customer power, cooling and networking configurations.
During the period, net profit surged fivefold to USD1.178 billion, while gross margin expanded to 17.5%, above the company's guidance.
SMCI forecast FY2027 revenue of between USD65 billion and USD72 billion, above analysts' average estimate of USD52.5 billion, supported by strong demand for AI servers.
Following the earnings release, the company's share price soared 7.56% in after-hours trading to USD33.99.
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