The highly anticipated financial results for the first quarter of Super Micro Computer (NASDAQ: SMCI) are scheduled to be disclosed on Tuesday 5th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
According to the forecasts of financial experts on Wall Street, the establishment is poised to announce an anticipated per share $0.75 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $6.45 billion for this specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $27.72 billion. Additionally, they predict that the earnings per share for the company will hit profit of $3.33 by the end of the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $3.43. Moreover, the company generated a total revenue of $2.12 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $6.25 | +78.1% | 5.31 B | +142.9% |
| Q3 2024 | $6.65 | +308.0% | 3.85 B | +200.1% |
| Q2 2024 | $5.59 | +71.5% | 3.67 B | +103.3% |
| Q1 2024 | $3.43 | +0.3% | 2.12 B | +14.5% |
| Q4 2023 | $3.51 | +34.0% | 2.19 B | +33.6% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 05:00 PM eastern time to review the Q1 2025 financial results.
The previous trading day saw Super Micro Computer (SMCI) shares trading between $25.71 and $28.74, besides a volume of 100.41 million shares. The stock closed Friday's regular trading session at $26.05, demonstrating 10.51 percent drop.
