What's in Store for Super Micro Computer's (SMCI) Q2 Earnings?

Super Micro Computer (SMCI) is scheduled to report its second-quarter fiscal 2024 results on Jan 29.For the fiscal second quarter, SMCI expects revenues between $3.6 billion and $3.65 billion. The Zacks Consensus Estimate for sales is pegged at $3.21 billion, indicating growth of 78.3% from the year-ago fiscal quarter’s reported value.SMCI anticipates non-GAAP earnings between $5.40 and $5.55 per share. The consensus mark for earnings is pegged at $5.07 per share, indicating 55.5% growth from the figure rep ...