Supermicro Signals Record Orders and Higher Revenue as Margins Hold
Supermicro forecasts gross margin between 15% and 17% and says it booked more than $60 billion in new orders this quarter, lifting its backlog to record levels. It expects Q4 revenue near $11 billion and full-year revenue around $38.9 billion to $40.4 billion, up from $22.0 billion. It also reports cash use of $6.6 billion in operations, with $1.3 billion cash versus $8.8 billion debt.