Super Micro Computer (SMCI) is set to report fourth-quarter earnings for its fiscal 2024 after the bell Tuesday, with investors likely watching for strong quarterly guidance that suggests strong artificial intelligence (AI) demand as well as awaiting updates on the server maker’s partnership with Nvidia (NVDA).
The company’s revenue is projected to be $5.29 billion, according to estimates compiled by Visible Alpha. Net income is expected to come in at nearly $489 million, or $7.54 per share, positioning revenue and profit higher than both Super Micro’s prior quarter and the year-ago period.
Investors will likely be watching for the server maker to issue sales guidance for the current first quarter that indicates strong demand for its AI technology at the start of its fiscal 2025 year.
Analysts expect Super Micro to guide toward $5.37 billion in first-quarter sales, while full-year guidance is projected to be $23.83 billion, according to estimates compiled by Visible Alpha.
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