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Income Statement (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Revenue | 3.85B | 5.1% |
| Gross Profit | 597M | 5.9% |
| Cost of Revenue | 3.25B | 4.9% |
| Operating expense | 219M | 13.6% |
| Net Income | 402M | 36% |
| EBITDA | 389M | 2% |
Balance Sheet (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Total Assets | 8.86B | 64% |
| Total Liabilities | 3.77B | 61.9% |
| Total Equity | 5.09B | 65.6% |
| Shares Outstanding | 59M | 4.7% |
Cash Flow (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Cash from operations | -1.52B | 155.3% |
| Cash from investing | -109M | 634.3% |
| Cash from financing | 3.02B | 281.3% |
EPS
Financial Highlights for Super Micro Computer in Q1 '24
Super Micro Computer reported a revenue of 3.85B, which is a 5.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 597M, marking a 5.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.25B, a 4.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 219M, showing a 13.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 402M, showing a 36% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 389M, showing a 2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Super Micro Computer with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
