Super Micro Computer Q2 Profit Rises - Quick Facts

(RTTNews) - Super Micro Computer, Inc. (SMCI), a leader in application optimized, high performance server solutions, reported second-quarter net income of $31.24 million or $0.61 per share, compared to $13.34 million or $0.30 per share, prior year. Adjusted earnings per share was $0.65, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $503.01 million from $356.36 million last year. Analysts expected revenue of $467.86 million for the quarter.

The company expects net sales of $450 million to $500 million for the third quarter. The company expects non-GAAP earnings per share of approximately $0.46 to $0.52 for the third quarter. Analysts expect the company to report third-quarter earnings per share of $0.43 on revenue of $457.77 million.