Key points to remember
- Super Micro Computer will report its fiscal fourth-quarter results after the bell on Tuesday.
- Analysts expect the server maker’s revenue and profit to increase from the same period last year.
- Investors will likely be paying attention to strong first-quarter guidance, reflecting demand for artificial intelligence (AI) technology, to kick off the company’s 2025 fiscal year.
- The company may also provide investors with updates on its partnership with Nvidia and the impact of Nvidia’s delay on the Blackwell AI chip.
Super Micro Computer (SMCI) is set to report its fiscal 2024 fourth-quarter results after the bell on Tuesday, with investors likely on the lookout for strong quarterly guidance suggesting strong artificial intelligence (AI) demand and the expectation of updates on the server maker’s partnership with Nvidia (NVDA).
The company’s revenue is expected to be $5.29 billion, according to estimates compiled by Visible Alpha. Net income is expected to be nearly $489 million, or $7.54 per share, which puts both revenue and earnings ahead of the previous quarter and the same period a year earlier.
| Analysts’ estimates for the fourth quarter of 2024 | 3rd quarter 2024 | 4th quarter 2023 | |
| Income | $5.29 billion | $3.85 billion | $2.18 billion |
| Diluted earnings per share | $7.54 | $6.56 | $3.43 |
| Net revenue | $488.98 million | $402.46 million | $193.6 million |
Key indicators: directions reflecting demand for AI
Investors will likely be watching the server maker’s release of sales guidance for the current first quarter, indicating strong demand for its AI technology early in its 2025 fiscal year.
Analysts expect Super Micro to reach $5.37 billion in sales in the first quarter, while the full year advice is expected to reach $23.83 billion, according to estimates compiled by Visible Alpha.
JP Morgan analysts said they expected Super Micro to provide better-than-consensus guidance for the first quarter of its 2025 fiscal year, “to reassure investors about AI-driven demand.” However, they expected the full-year outlook to be in line with consensus, as Super Micro “is likely choosing to remain conservative until it gets more results.” visibility” . “
Business Spotlight: Update on Nvidia partnership after reports of delay
Super Micro Computer is a partner of Nvidia and makes AI-powered servers for the chipmaker. The company may reassure investors when it says Tuesday that demand for its AI servers remains strong, especially as Nvidia launches its next-generation Blackwell chips. would have been delayed.
Super Micro Actions Shares fell 3% to $605.14 in afternoon trading Monday, paring earlier steep losses of more than 10%. The stock has more than doubled since the start of the year, though it is off its March highs.
