Super Micro Computer Surges 6% After AI-Server Revenue Hits $19.9 Billion
Written by AI from finance.yahoo.com's report. Not checked by a person.
Super Micro Computer beat earnings and revenue estimates by a wide margin for its fiscal first quarter, reporting $19.9 billion in revenue — up 298% year-on-year — as booming AI-server demand powered its strongest quarter ever.
Super Micro Computer shares rose 6% after the company reported fiscal first-quarter 2027 results that topped expectations on every key measure. Revenue came in at $19.9 billion, a 298% jump from $5 billion a year earlier, surpassing analyst forecasts of $16.26 billion and landing above the company's own preliminary guidance range of $18.5–$19.5 billion. Adjusted earnings per share of $1.81 beat the $1.23 consensus by nearly 50%, while adjusted gross margin improved to 12.8% from 9.5% in the year-earlier quarter. CEO Charles Liang described the result as "record revenue" and said the company's transformation into a "Total AI and IT Datacenter Solution provider" continues to accelerate. Looking ahead, Supermicro guided fiscal second-quarter revenue of $19.5–$21.5 billion — well above the $17.51 billion analyst estimate — and adjusted EPS of $1.66–$1.90 against a $1.14 consensus. For the full fiscal year, the company forecast revenue of $72–$82 billion, putting the midpoint at $77 billion, above the $70.27 billion estimate. The results reflect surging demand for AI servers and data-centre infrastructure from cloud providers and other customers. On the cash side, Supermicro used $434 million in operating cash flow during the quarter and reported $6.9 billion in cash against $8.6 billion in bank debt and convertible notes as of September 30.
