What You Need To Know Ahead of Super Micro Computer's Earnings Report

Category: Finance

Super Micro Computer (SMCI) is expected to report strong fourth-quarter earnings for fiscal 2024, with projected revenue of $5.29 billion and net income of $489 million. Investors are keen on guidance indicating robust AI demand and updates on its partnership with Nvidia. Analysts anticipate first-quarter sales guidance of $5.37 billion and a full-year outlook of $23.83 billion, with expectations for conservative reporting until further visibility is achieved.

Keywords: Super Micro Computer, AI demand, Nvidia partnership

Source: Investopedia

Update At: 8/7/2024

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