SMCI Earnings Date, Financial Performance and More
Find out how much Super Micro Computer, Inc. (SMCI) earned in the past quarter on its earnings date, August 8, 2024. Analysts predict $7.95 per share, showing a 126.5% increase from last year.
by S Samayanka
Updated Jun 10, 2024
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SMCI
SMCI is an acronym for Super Micro Computer, Inc. Super Micro Computer, Inc. or SMCI, is a computer hardware manufacturing company. They produce servers and other data storage systems, designing and creating them for other businesses and organizations to implement into their overall IT systems.
They manufacture things that help computers function efficiently and store information.
SMCI Earnings Date
The earnings date for SMCI is 8/13/2024. This is the day that Super Micro Computer, Inc. (SMCI) will reveal how much money it earned in the past quarter. So far, analysts have predicted the company to earn $7.95 per share. This means that for every share of stock you own, you would have received $7.95 in profits by doing nothing at all.
This is a 126.5% increase from the same period last year.
Earnings reports give companies an opportunity to explain their situation to their shareholders. It tells how the company did in the past quarter in terms of profits and revenues. Many investors will consider these reports to analyze whether to buy or sell the stock.
SMCI Earnings History
|
Report Date |
Fiscal Period |
Estimated EPS |
Actual EPS |
EPS Difference |
EPS Surprise (%) |
|
4/30/2024 |
Q1 2024 |
$5.78 |
$6.65 |
+$0.87 |
+15.05% |
|
1/29/2024 |
Q4 2023 |
$5.48 |
$5.59 |
+$0.11 |
+2.01% |
|
11/1/2023 |
Q3 2023 |
$3.19 |
$3.43 |
+$0.24 |
+7.52% |
|
8/8/2023 |
Q2 2023 |
$3.40 |
$3.51 |
+$0.11 |
+3.24% |
|
5/2/2023 |
Q1 2023 |
$1.68 |
$1.63 |
-$0.05 |
-2.98% |
|
1/31/2023 |
Q4 2022 |
$3.15 |
$3.26 |
+$0.11 |
+3.49% |
|
11/1/2022 |
Q3 2022 |
$3.13 |
$3.42 |
+$0.29 |
+9.27% |
|
8/9/2022 |
Q2 2022 |
$2.35 |
$2.62 |
+$0.27 |
+11.49% |
|
5/3/2022 |
Q1 2022 |
$1.45 |
$1.55 |
+$0.10 |
+6.90% |
|
2/1/2022 |
Q4 2021 |
$0.80 |
$0.88 |
+$0.08 |
+10.00% |
SMCI Financial Performance
In 2024, Super Micro Computer, Inc. (SMCI) showed strong financial performance:
Super Micro Computer, Inc. (SMCI) has demonstrated strong financial performance in the year 2024:
Sales: They would bring in $3.85 billion, in the third quarter, which would exceed the $3.66 billion the company recorded in the previous quarter. $3.85 billion is also much higher as compared to the $1.28 billion the company recorded in the same period last year.
Profit Margins: The company recorded a 15.5% profit margin in the same period this year. This is almost the same as compared to the 15.4% recorded in the previous quarter this year but lower than the 17.6% last year.
Cash Flow and Spending: They used $1.52 billion in cash for operations and spent $93 million on new investments.
SMCI Consolidated Balance Sheet 2024
|
Particulars |
March 31, 2024 |
June 30, 2023 |
|
Assets Current Assets |
||
|
Cash and cash equivalents |
$2,115,476 |
$440,459 |
|
Accounts receivable, net |
$1,650,153 |
$1,148,259 |
|
Inventories |
$4,124,587 |
$1,445,564 |
|
Prepaid expenses and other current assets |
$173,716 |
$145,144 |
|
Total current assets |
$8,063,932 |
$3,179,426 |
|
Property, plant and equipment, net |
$385,566 |
$290,240 |
|
Deferred income taxes, net |
$330,248 |
$162,654 |
|
Other assets |
$83,035 |
$42,409 |
|
Total assets |
$8,862,781 |
$3,674,729 |
|
Current Liabilities |
||
|
Accounts payable |
$1,092,445 |
$776,831 |
|
Accrued liabilities |
$290,370 |
$163,865 |
|
Income taxes payable |
$20,021 |
$129,166 |
|
Short-term debt |
$81,566 |
$170,123 |
|
Deferred revenue |
$233,293 |
$134,667 |
|
Total current liabilities |
$1,717,695 |
$1,374,652 |
|
Deferred revenue, non-current |
$203,198 |
$169,781 |
|
Long-term debt |
$85,646 |
$120,179 |
|
Convertible notes |
$1,696,255 |
$— |
|
Other long-term liabilities |
$65,831 |
$37,947 |
|
Total liabilities |
$3,768,625 |
$1,702,559 |
|
Stockholders’ Equity |
||
|
Common stock and additional paid-in capital |
$2,805,008 |
$538,352 |
|
Accumulated other comprehensive income |
$549 |
$639 |
|
Retained earnings |
$2,288,436 |
$1,433,014 |
|
Total SMCI stockholders’ equity |
$5,093,993 |
$1,972,005 |
|
Noncontrolling interest |
$163 |
$165 |
|
Total stockholders’ equity |
$5,094,156 |
$1,972,170 |
|
Total liabilities and stockholders’ equity |
$8,862,781 |
$3,674,729 |
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SMCI Earnings Date - FAQs
1. What does SMCI do?
SMCI makes computer hardware like servers and data storage systems for other companies.
2. When is SMCI's earnings date?
SMCI's earnings date is 8/13/2024, when they reveal their profits for the past quarter.
3. How have SMCI's earnings performed recently?
SMCI's earnings have been increasing steadily, with a 126.5% increase from the same period last year.
4. What's on SMCI's balance sheet?
SMCI's balance sheet shows their assets, like cash and equipment, and their liabilities, like debts and expenses.
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