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The Zhitong Finance App learned that the current quarterly revenue guidelines issued by Ultra Micro Computer Company (SMCI.US) far exceeded analysts' estimates, once again confirming that the booming artificial intelligence (AI) market continues to drive sales of its server products. The company announced on Tuesday that revenue for the quarter ending September is expected to reach 14.5 billion to 15.5 billion US dollars, and earnings per share after excluding specific projects are expected to be 1.01 to 1.10 US dollars. According to market compilation data, analysts expect average revenue of about US$12 billion and earnings per share of US$0.74, and this outlook has even surpassed the market's most optimistic revenue forecast of US$13.3 billion.
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The Zhitong Finance App learned that the current quarterly revenue guidelines issued by Ultra Micro Computer Company (SMCI.US) far exceeded analysts' estimates, once again confirming that the booming artificial intelligence (AI) market continues to drive sales of its server products. The company announced on Tuesday that revenue for the quarter ending September is expected to reach 14.5 billion to 15.5 billion US dollars, and earnings per share after excluding specific projects are expected to be 1.01 to 1.10 US dollars. According to market compilation data, analysts expect average revenue of about US$12 billion and earnings per share of US$0.74, and this outlook has even surpassed the market's most optimistic revenue forecast of US$13.3 billion.
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