Super Micro Computer, Inc. (SMCI) Presents at Barclays 23rd Annual Global Technology Conference Transcript
Super Micro Computer's shares slide as expansion strains margins and cash flow, even as AI server demand and new platforms fuel long-term growth ambitions.
Super Micro Computer stock fell 22.1% after repeatedly missing revenue estimates and guidance, raising execution concerns. SMCI's Q1 sales declined 15% YoY, gross margins dropped to 9.5%, and EPS fell 53%, with delays attributed to customer upgrades and data center readiness. Management guides for $10–11 billion Q2 sales and at least $36 billion for FY, but persistent guidance misses and margin pressure raise risk.
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Charles Liang CEO | XETRA Exchange | US86800U3023 ISIN |
| US Country | 5,684 Employees | - Last Dividend | 1 Oct 2024 Last Split | 29 Mar 2007 IPO Date |
Super Micro Computer, Inc., a stalwart in the high-performance server and storage solutions industry, orchestrates and manufactures cutting-edge products characterized by their modular and open architecture. With a global footprint extending across the United States, Europe, Asia, and other international markets, the company stands as a pillar of innovation and efficiency in the computing world. Super Micro Computer, Inc. is dedicated to providing versatile solutions that meet the expanding needs of enterprise data centers, cloud computing environments, artificial intelligence technologies, and the emerging realms of 5G and edge computing. Its inception in 1993 and subsequent establishment of its headquarters in San Jose, California, mark the beginning of a journey aimed at revolutionizing server and storage capabilities worldwide, leveraging both direct and indirect sales channels, including distributors, value-added resellers, system integrators, and original equipment manufacturers, to reach its vast and varied clientele.