Super Micro Computer Non-GAAP EPS of $6.65 beats by $1.08, revenue of $3.85B misses by $50M

Super Micro Computer (NASDAQ:SMCI): Q3 Non-GAAP EPS of $6.65 beats by $1.08.

Revenue of $3.85B (+200.8% Y/Y) misses by $50M.

For the fourth quarter of fiscal year 2024 ending June 30, 2024, the Company expects net sales of $5.1 billion to $5.5 billion vs $4.86B consensus, GAAP net income per diluted share of $7.20 to $8.05 and non-GAAP net income per diluted share of $7.62 to $8.42 vs $6.96 consensus

For fiscal year 2024 ending June 30, 2024, the Company is raising its guidance for revenues from a range of $14.3 billion to $14.7 billion to a range of $14.7 billion to $15.1 billion vs $14.59B consensus and establishing guidance for GAAP net income per diluted share of $21.61 to $22.46 and non-GAAP net income per diluted share of $23.29 to $24.09.

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