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Primeur weekly 2020-02-10

Exascale supercomputing

Tachyum's reference design will be used in a 2021 AI/HPC supercomputer ...

Quantum computing

Forschungszentrum Jülich to establish technology laboratory for quantum computers ...

FEFU scientists developed method to build up functional elements of quantum computers ...

New quantum switch turns metals into insulators ...

Focus on Europe

International Advanced Research Workshop on High Performance Computing to issue Call for Participation ...

EPSRC appoints Mark Parsons Director of Research Computing ...

e-IRG Workshop "Grand challenges of e-Infrastructures within the new ERA" to issue Call for Participation ...

BigDFT4CHEM wins the EXDCI Call for Spin-off Initiatives (SPI) ...

Eni unveils its new supercomputing system HPC5, the world's most powerful for industrial use ...

Tachyum CEO Dr. Radoslav Danilak discusses 'Bringing Slovakia to the Forefront of the Digital Age' at CEO Forum ...

Middleware

KU Leuven joins the iRODS Consortium ...

Sylabs has released SingularityPRO 3.5 ...

Hardware

DDN named finalist in Storage Magazine and SearchStorage 2019 Products of the Year awards ...

Fujitsu receives supercomputer order from Nagoya University's Information Technology Center ...

Controlling light with light ...

WekaIO recognized as a coolest Cloud company by CRN ...

Samsung to Advance High Performance Computing Systems with Launch of Industry's First 3rd-generation (16GB) HBM2E ...

Xperi enters into new patent and technology license agreement with SK hynix ...

Supermicro announces second quarter fiscal 2020 financial results ...

Applications

BSC European supercomputing centre that most has contributed to Pan-Cancer ...

March 2020 HPC User Forum will showcase AI, energy research and other HPC areas ...

Deep learning accurately forecasts heat waves and cold spells ...

Retina-inspired carbon nitride-based photonic synapses for selective detection of UV light ...

Computer simulation for understanding brain cancer growth ...

Gordon examining secure computation ...

Fusion squeeze, global image mapping, computing mental health, and Na+ batteries at Oak Ridge National Laboratory ...

SDSC supercomputer models improve Oregon/Washington coastal forecasts ...

Protein Data Bank archive adds new coronavirus protease structure ...

Supermicro announces second quarter fiscal 2020 financial results


6 Feb 2020 San Jose - Super Micro Computer Inc., a global expert in high-performance, high-efficiency server, storage technology and green computing, has issued financial results for its fiscal second quarter ended December 31, 2019.

Fiscal second quarter highlights include the following:

  • Net sales of $870,9 million versus $799,8 million in the first quarter of fiscal year 2020 and $931,5 million in the same quarter of last year.
  • GAAP gross margin of 15,9% versus 16,4% in the first quarter of fiscal year 2020 and 13,7% in the same quarter of last year.
  • GAAP net income of $23,7 million versus $26,3 million in the first quarter of fiscal year 2020 and $18,2 million in the same quarter of last year.
  • GAAP fully diluted earnings per share of $0,46 versus $0,51 in the first quarter of fiscal year 2020 and $0,36 in the same quarter of last year.
  • Non-GAAP fully diluted earnings per share of $0,57 versus $0,68 in the first quarter of fiscal year 2020 and $0,66 in the same quarter of last year.
  • Cash flow from operations of $81,6 million and capital expenditures of $10,8 million.

Non-GAAP gross margin for the fiscal second quarter of 2020 was 15,9%, which excludes stock-based compensation expenses of $0.4 million. Non-GAAP fully diluted earnings per share was $0,57, which excludes stock-based compensation expenses of $5.0 million and consulting expenses related to regaining SEC compliance and other non-recurring expenses of $3.8 million less the related tax effects of both.

As of December 31, 2019, total cash, cash equivalents and short-term investments was $309,0 million and bank debt was $23,3 million.

"Over the last couple of years, Supermicro has been continuing our mission of becoming a strong global leader of server and storage solutions, especially the greenest and best TCO IT solutions. We have added many new product lines and dramatically increased our operational capacity worldwide. This quarter, our revenue exceeded the upper end of our original guidance which marks the beginning of our business reacceleration", stated Charles Liang, Chairman and Chief Executive Officer. "We are the only server and storage solution provider with more than half of our engineering, product development and final assembly based in the USA. Our engineering and R&D strengths allow us to quickly deliver the most advanced technology with the broadest range of server and storage products in our industry. We are very excited by our product solutions targeting Artificial Intelligence, 5G / Edge, and the evolving needs of the Enterprise, which offer our company a substantial growth opportunity in a $100B market."

The company expects net sales in a range of $770 million to $830 million for the third quarter of fiscal year 2020 ending March 31, 2020. The company expects non-GAAP earnings per diluted share of approximately $0.35 to $0.55 for the third quarter.

The company expects to incur additional charges of $35 million to $40 million, which will be one-time in nature, in the third or fourth fiscal quarter of 2020. These one-time charges will address residual clean-up matters from our extended black-out period and have not been included in the above guidance.

Source: Super Micro Computer

Back to Table of contents

Primeur weekly 2020-02-10

Exascale supercomputing

Tachyum's reference design will be used in a 2021 AI/HPC supercomputer ...

Quantum computing

Forschungszentrum Jülich to establish technology laboratory for quantum computers ...

FEFU scientists developed method to build up functional elements of quantum computers ...

New quantum switch turns metals into insulators ...

Focus on Europe

International Advanced Research Workshop on High Performance Computing to issue Call for Participation ...

EPSRC appoints Mark Parsons Director of Research Computing ...

e-IRG Workshop "Grand challenges of e-Infrastructures within the new ERA" to issue Call for Participation ...

BigDFT4CHEM wins the EXDCI Call for Spin-off Initiatives (SPI) ...

Eni unveils its new supercomputing system HPC5, the world's most powerful for industrial use ...

Tachyum CEO Dr. Radoslav Danilak discusses 'Bringing Slovakia to the Forefront of the Digital Age' at CEO Forum ...

Middleware

KU Leuven joins the iRODS Consortium ...

Sylabs has released SingularityPRO 3.5 ...

Hardware

DDN named finalist in Storage Magazine and SearchStorage 2019 Products of the Year awards ...

Fujitsu receives supercomputer order from Nagoya University's Information Technology Center ...

Controlling light with light ...

WekaIO recognized as a coolest Cloud company by CRN ...

Samsung to Advance High Performance Computing Systems with Launch of Industry's First 3rd-generation (16GB) HBM2E ...

Xperi enters into new patent and technology license agreement with SK hynix ...

Supermicro announces second quarter fiscal 2020 financial results ...

Applications

BSC European supercomputing centre that most has contributed to Pan-Cancer ...

March 2020 HPC User Forum will showcase AI, energy research and other HPC areas ...

Deep learning accurately forecasts heat waves and cold spells ...

Retina-inspired carbon nitride-based photonic synapses for selective detection of UV light ...

Computer simulation for understanding brain cancer growth ...

Gordon examining secure computation ...

Fusion squeeze, global image mapping, computing mental health, and Na+ batteries at Oak Ridge National Laboratory ...

SDSC supercomputer models improve Oregon/Washington coastal forecasts ...

Protein Data Bank archive adds new coronavirus protease structure ...