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超微电脑第二财季业绩大幅超预期,并给出强劲指引

老虎资讯2026年2月4日 01:23
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超微电脑( Super Micro Computer,SMCI)公布了其第二财季(Q2)业绩,要点如下:

  • 净销售额127 亿美元(市场预期:104.3 亿美元;此前指引区间:100 亿至 110 亿美元)。
  • 调整后每股净利润0.69 美元(市场预期:0.49 美元;此前指引区间:0.46 至 0.54 美元)。

对于当前季度,管理层预计:

  • 净销售额“至少”为 123 亿美元(市场预期:102.5 亿美元)。
  • 调整后每股净利润“至少”为 0.60 美元(市场预期:0.52 美元)。

该股在盘后交易中一度上涨 7%,现上涨5%。


三个月前,管理层曾指引第二财季销售将好于预期,但利润将低于预期,这表明这家 AI 服务器公司正面临盈利能力受压的问题,令投资者感到失望。

公司当时将原因归结为一项规模较大的设计中标项目,该项目的利润率低于平均水平,并且在初期放量阶段将压缩整体盈利能力。在那次业绩公布之前,管理层曾提前预告销售不及预期,并表示相关缺口将在本次财报中得到弥补。

CEO Charles Liang此前表示,两位数的毛利率仍然是 Super Micro 的目标,只是“需要更长一点时间”。

2025 年(自然年)对 Super Micro 来说是“承诺很多、兑现有限”的一年,而今年的开局看起来要乐观得多。

Super Micro Computer上调了其全年营收预期,原因是公司预计,随着企业持续扩充数据中心容量,对其 AI 优化服务器的需求将保持强劲。

Super Micro 已成为生成式人工智能浪潮的主要受益者之一,并与英伟达(Nvidia)和超威半导体(AMD)等芯片设计公司密切合作,加快服务器产品的上市速度。

公司首席财务官 David Weigand 在财报电话会议上表示:“来自全球大型数据中心及企业客户的订单需求依然强劲。”

公司目前预计,2026 财年营收至少为 400 亿美元,高于此前 360 亿美元 的预测。

免责声明:本网站提供的信息仅供教育和参考之用,不应视为财务或投资建议。

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