Summary by Moomoo AI
Super Micro Computer, Inc., a global leader in IT solutions, announced preliminary financial results for its second quarter of fiscal year 2024, which ended on December 31, 2023. The company, trading under the NASDAQ symbol SMCI, expects to exceed its prior financial guidance with net sales ranging from $3.6 billion to $3.65 billion, compared to the previously guided range of $2.7 billion to $2.9 billion. GAAP diluted net income per common share is anticipated to be between $4.90 and $5.05, and non-GAAP diluted net income per common share is expected to be between $5.40 and $5.55, both surpassing earlier estimates. These preliminary results are based on management's estimates and are subject to revision upon the finalization of the company's financial statements. The company will host a conference call and live audio webcast on January 29, 2024, to review the detailed financial performance of the second quarter. The forward-looking statements in the press release are subject to various risks and uncertainties and actual results may differ materially from the preliminary results provided.