The Zhitong Finance App learned that on Wednesday, the ultra-micro computer (SMCI.US) surged by more than 16% to $36.75. According to the news, the current quarterly revenue guidance issued by Ultramicrocomputer far exceeds 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.
In the fourth fiscal quarter ending June 30, ultra-microcomputer revenue increased 93% year-on-year to US$11.1 billion, with earnings per share of 1.70 US dollars after excluding specific projects; analysts expected average revenue of 11.3 billion US dollars and earnings per share of 1.59 US dollars. The adjusted gross margin was 17.6%. Ultramicrocomputer further predicts that revenue for the new fiscal year starting in July will reach 65 billion to 72 billion US dollars, while the average analyst estimate is only 54.4 billion US dollars.
CEO Charles Liang said in a statement: “Combined with continued investment in technology leadership, manufacturing scale, and global compliance, we are helping customers deploy AI infrastructure faster and more efficiently.”