Super Micro Computer (SMCI) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Mark Long cited $3.1 billion in deferred revenue and faster collections as the company raised its full-year revenue outlook to $72 billion to $82 billion.
Earnings
Net income reached $1,594 million, but the server maker kept less of each sales dollar than in the prior quarter.
SEC Filings
Preliminary gross margin of 12.0% to 12.5% also beat the 10.4% to 10.8% guidance; results are unaudited.
SEC Filings
The board replaced David Weigand with the former Western Digital finance chief, and the offer letter adds $500,000 sign-on and guaranteed bonuses.
SEC Filings
An 8-K says Lin's retirement was not the result of any disagreement with the company; Krishnapura's seat starts October 9.