Supermicro has reported its preliminary second quarter financial performance for the fiscal year 2025, ending on December 31, 2024, which is yet to be approved by the auditors due to the departure of the previous accounting examiner and the recent appointment of a new one.
Total revenue is in the range of $5.6-5.7 billion, a 54% increase from the same period the previous year. The initial profit margin stands at 11.8-11.9%, with estimated GAAP net profit of $0.50-0.52 per share.
Supermicro believes it can submit its annual 10-K report for the fiscal year ending in June 2024 and the September 2024 1-Q quarterly report audited by accountants on time, by February 25th, as required by the SEC. This ensures the company remains listed on the NASDAQ stock market.
Source: Supermicro
TLDR: Supermicro’s Q2 financial report for FY 2025 shows significant revenue growth and profit margins, with plans to submit timely reports to avoid market delisting.
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