Super Micro Computer, Inc. Provides Financial Guidance for the First Quarter Ending September 30, 2022 and Fiscal Year 2023 Ending June 30, 2023
August 09, 2022 at 04:18 pm EDT
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Super Micro Computer, Inc. provided financial guidance for the first quarter ending September 30, 2022 and fiscal year 2023 ending June 30, 2023. For the quarter, the Company expects net sales of $1.52 billion to $1.62 billion, GAAP net income per diluted share of $2.01 to $2.27.
For fiscal year 2023 ending June 30, 2023, the Company expects net sales of $6.2 billion to $7.0 billion, GAAP net income per diluted share of at least $7.27. The outlook for fiscal year 2023 GAAP net income per diluted share includes approximately $35.4 million.
Super Micro Computer, Inc. specializes in the design, manufacture and marketing of high-performance server and storage systems, based on an innovative, modular and open architecture. Net sales break down by family of products as follows:
- servers and data storage systems (92.2%): accelerated computing platforms made up of a combination of servers and storage systems, designed for data centers, cloud computing, enterprise computing, Hadoop/Big Data, high-performance computing, artificial intelligence, 5G/IdO/Edge technologies and embedded systems. The group also offers server management and security software solutions, as well as professional services;
- modular server subsystems and accessories (7.8%): server boards, enclosures, processors, motherboards, power supplies, adapters, switches, networking systems, cables, ventilation systems, etc.
At the end of June 2023, the group has 3 production sites located in the United States, the Netherlands and Taiwan.
Net sales are distributed geographically as follows: The United States (67.9%), Asia (14.7%), Europe (14.1%) and others (3.3%).