Super Micro Computer Inc Stock Price, News & Analysis

Super Micro Computer, Inc. (Nasdaq: SMCI) reported Q1 fiscal year 2022 results, achieving net sales of $1.03 billion, a 35% increase year-over-year but a decline from $1.07 billion in Q4 FY2021. The gross margin dropped to 13.4% from 17.0% in the same quarter last year. Net income decreased to $25 million compared to $39 million in Q4 FY2021. The company anticipates Q2 revenue between $1.1 billion and $1.2 billion, with GAAP net income per share between $0.60 and $0.80.

Super Micro Computer, Inc. (Nasdaq: SMCI) will release its financial results for the first quarter of fiscal 2022 on November 2, 2021, after market close. A conference call for investors and analysts will take place at 2:00 p.m. PDT to discuss these results. Interested parties can access the live webcast or register for the call, with a replay available for one year on the company’s Investor Relations website. Supermicro is a leader in high-performance server technology and emphasizes green computing through its initiatives.

Super Micro Computer, Inc. (SMCI) announced the launch of new systems utilizing NVIDIA Ampere architecture GPUs and 3rd Gen Intel Xeon Scalable processors, optimized for AI applications. The 2U NVIDIA HGX A100 4-GPU system offers up to 2.5 petaflops of AI performance, significantly enhancing capabilities for enterprise data science.

It features advanced thermal designs and energy-efficient architecture, reducing costs and carbon emissions. Additionally, new systems support Intel Optane Memory and are tailored for demanding AI workloads, ensuring high performance and reliability.

Super Micro Computer (SMCI) has launched a free remote access testing program, JumpStart, for its Rack Plug and Play Cloud Infrastructure. This solution simplifies cloud deployment with a preconfigured rack system and eliminates the need for custom builds, allowing scalability in days. Priced around $3,000 monthly, it offers predictable costs without hidden charges. Features include advanced Intel processors and Red Hat OpenShift integration, enhancing performance and reducing overall costs by up to 70% compared to hosted options. The program aims to address rising cloud costs by enabling efficient on-premises solutions.

Super Micro Computer, Inc. (SMCI) has expanded its collaboration with Nutanix by joining the Nutanix Elevate Partner Program. This partnership enhances the company's ability to deliver optimized hybrid multi-cloud solutions and enables the resale of Nutanix NX appliances. Supermicro will utilize its X12 Ultra and BigTwin platforms, powered by 3rd Gen Intel Xeon processors, to provide efficient systems tailored to various workloads. The collaboration aims to accelerate procurement and deployment of solutions, benefiting sectors such as analytics and mission-critical applications.

Super Micro Computer (SMCI) has expanded its portfolio with new single-processor systems utilizing Intel's Xeon E-2300 and 3rd Gen Xeon Scalable processors. These systems cater to a variety of applications, from entry-level servers to data center-class systems, enhancing performance, I/O, and security. New features include PCI-E 4.0 support and memory capacities reaching 4TB DRAM or 6TB DRAM with Intel Optane. The offerings include various configurations ideal for telco, edge, and AI applications, aiming to optimize business performance and total cost of ownership (TCO).

Super Micro Computer, Inc. (Nasdaq: SMCI), a leader in high-performance server technology, announced that CFO David Weigand will participate in several upcoming virtual events. The events include the Jefferies 2021 Virtual Semiconductor Summit on September 1, 2021, the Credit Suisse Asian Technology Virtual Conference on September 8-9, 2021, and the Citi 2021 Global Technology Virtual Conference on September 14, 2021. Supermicro is committed to energy-efficient solutions and environmentally-friendly initiatives through its “We Keep IT Green®” program.

Super Micro Computer reported fourth quarter and fiscal year 2021 results, achieving net sales of $1.07 billion in Q4, up from $896 million year-over-year. Fiscal year net sales reached $3.56 billion, a 7% increase from the previous year, with net income of $112 million. Q4 diluted EPS was $0.74, up from $0.34 YoY. The company anticipates Q1 2022 sales between $900 million and $980 million, and a full-year forecast of $4.1 billion to $4.5 billion. Management highlights improved market share and strategic cost reductions.

Super Micro Computer (SMCI) announced new top-loading storage solutions with 60-bay and 90-bay systems, optimized for 3rd Gen Intel Xeon Scalable processors and PCI-E 4.0 NVMe drives. These high-capacity systems are designed for cloud-scale storage and high-performance computing (HPC) workloads. Features include tool-less modular designs for easy serviceability, supporting a maximum of 1.6 petabytes of storage. The new Simply Double storage systems also enhance performance while maintaining a dense storage footprint. This launch coincides with the Open Storage Summit 2021 from July 27-29.