Super Micro Computer, Inc. (SMCI) reported its second quarter net income of $5.35 million or $0.14 per share, compared to $7.74 million or $0.20 per share in the same period last year.
Non-GAAP net income for the quarter was $6.73 million or $0.17 per share, down from $8.56 million or $0.22 per share in the previous year period.
On average, analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.14 per share for the quarter.
Net sales for the quarter declined 6.1% to $128.57 million from $136.93 million in the corresponding period last year. Two Wall Street analysts estimated revenues of $136.0 million for the quarter.
Super Micro anticipates third quarter non-GAAP earnings in the range of about $0.11 to $0.14 per share. The company expects net sales to decrease 9% to 16% for the quarter. Analysts expect the company to earn $0.12 per share on revenue of $132.50 million for the third quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.