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Super Micro Computer, Inc. Announces 1st Quarter Fiscal 2009 Financial Results.

Publication: Business Wire
Publication Date: 29-OCT-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Super Micro Computer, Inc. Announces 1st Quarter Fiscal 2009 Financial Results.(Financial report)

Article Excerpt
SAN JOSE, Calif. -- Super Micro Computer, Inc. (NASDAQ:SMCI), a leader in application optimized, high performance server solutions, today announced first quarter fiscal 2009 financial results for the quarter ended September 30, 2008.

Fiscal First Quarter Highlights

* Quarterly net sales of $144.1 million, up 22.1% from the same quarter of last year and down 3.2% from the prior quarter.

* GAAP net income of $7.2 million, up 23.5% from the same quarter of last year and up 4.7% from the prior quarter.

* GAAP gross margin of 19.3%, compared with 19.5% in the same quarter of last year and 19.1% in the prior quarter.

* SuperServer wins Reviewers Choice at Government Computer News (GCN).

Net sales for the first quarter fiscal 2009 ended September 30, 2008 totaled $144.1 million, up 22.1% from $117.9 million in the first quarter of fiscal 2008. No customer accounted for more than 10% of net sales during the quarter.

GAAP net income for the first quarter of fiscal year 2009 was $7.2 million or $0.18 per diluted share, a growth of 23.5% from the net income of $5.8 million, or $0.15 per diluted share in the same period a year ago. Included in net income for the quarter was $1.2 million of...

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