Supermicro Provides Preliminary Second Quarter Fiscal 2016 Financial Results
SAN JOSE, Calif., Jan. 12 -- Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, today provided preliminary information regarding its financial results for the second fiscal quarter ended December 31, 2015.
The Company also announced that it will release second quarter fiscal 2016 financial results on Thursday, January 28, 2016, immediately after the close of regular trading, followed by a teleconference beginning at 2:00 p.m. (Pacific Time).
The Company now anticipates that it will report net sales for its second quarter of fiscal 2016 in the range of $637 million to $639 million. This compares to the Company’s previous guidance range of $580 million to $630 million.
The Company also anticipates that its non-GAAP earnings diluted per share will be in a range of $0.69 to $0.72. This compares to the company’s previous guidance of $0.54 to $0.64. Non-GAAP earnings per diluted share excludes stock-based compensation expense and the related tax effect of the applicable items.
The Company ended the second quarter of fiscal 2016 with approximately $173.0 million in cash and cash equivalents, and short and long term investments compared to $98.1 million at the end of fourth quarter of fiscal 2015.
The Company will provide more details on the second quarter financial performance at the time of our earnings call later this month.
The Company also announced that it will participate in the Needham 18th Annual Growth Conference in New York on January 12 and 13, 2016.
Conference Call/Webcast Information for January 28, 2016
Supermicro will hold a teleconference to announce its second quarter fiscal 2016 financial results on Thursday, January 28, 2016, beginning at 2:00 p.m. (Pacific Time). Those wishing to participate in the conference call should call 1-888-471-4398 (International callers dial 1-719-325-2429) a few minutes prior to the call’s start to register. The conference ID is 3488698. A replay of the call will be available through 11:59 p.m. (Eastern Time) on Thursday, February 11, 2016, by dialing 1-877-870-5176 (International callers dial 1-858-384-5517) and entering replay PIN 3488698.
Those wishing to access the live or archived webcast via the Internet should go to the Investor Relations tab of the Supermicro website at www.Supermicro.com.
About Super Micro Computer, Inc.
Supermicro, a global leader in high-performance, high-efficiency server technology and innovation is a premier provider of end-to-end green computing solutions for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermicro's advanced Server Building Block Solutions offer a vast array of components for building energy-efficient, application-optimized, computing solutions. Architecture innovations include Twin, TwinPro, FatTwin, Ultra Series, MicroCloud, MicroBlade, SuperBlade, Double-sided Storage, Battery Backup Power (BBP) modules and WIO/UIO.
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Source: Super Micro Computer, Inc.
