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Super Micro reports record $19.95 billion in quarterly revenue

Super Micro reports record $19.95 billion in quarterly revenue

Super Micro reported record revenue of $19.95 billion in its fiscal first quarter, which ended on September 30.

Revenue was nearly four times the roughly $5 billion recorded in the same quarter a year earlier.

Net income rose to $1.5947 billion, from $168 million a year earlier.

Adjusted earnings per share reached $1.81, above the $1.23 analysts had expected.

The company is expanding as a provider of AI and IT data center solutions, according to its chief executive.

Super Micro expects $72 billion to $82 billion in sales in fiscal 2027, its outlook for the year ahead.

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Charles LiangSuper Micro Computer founder, chairman and CEO
Supermicro's transformation into an AI and IT Total Data Center Solutions provider continues to accelerate, delivering record revenue in the first fiscal quarter of 2027.
via CNN Brasil