Back    Zoom +    Zoom -
<Research> Citi: Super Micro Computer, Inc. (SMCI.US) 3Q FY2026 Earnings and 4Q Guidance Beat Expectations
Recommend
1
Positive
4
Negative
0
Citi said in a research report that Super Micro Computer, Inc. (SMCI.US) reported sales of USD10.2 billion for 3Q FY2026, up 121.7% YoY and down 19.7% QoQ, below market expectations and company guidance. Non-GAAP EPS was USD0.84, up 171% YoY and 21.7% QoQ, beating guidance and market forecasts. Gross margin improved 370 bps QoQ to 10.1%, better than guidance and market expectations.

The company guided 4Q sales of between USD11 billion and USD12.5 billion, above market expectations of USD11.07 billion. Non-GAAP EPS guidance of USD0.65 to USD0.79 was also above the expected USD0.55. Full-year revenue guidance was revised from at least USD40 billion to a range of USD38.9 billion to USD40.4 billion, compared with market expectations of USD40.9 billion. Citi maintained a TP of USD25 and a Neutral rating on Super Micro Computer, Inc.. (ss/u)

Related NewsRetail Sales YoY for Apr in the United States is 4.9%, higher than the previous value of 4.2%.
Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details

AASTOCKS Financial News