Super Micro Computer, Inc. (NASDAQ:SMCI) Q1 2023 Earnings Conference Call November 1, 2022 5:00 PM ET

Company Participants

Michael Staiger – Vice President-Corporate Development

Charles Liang – Founder, Chairman and Chief Executive Officer

David Weigand – Chief Financial Officer

Conference Call Participants

Jon Tanwanteng – CJS Securities

Nehal Choski – Northland Capital Markets

Mehdi Hosseini – SIGS

Ananda Baruah – Loop Capital

Operator

Good afternoon. My name is Abbey and I will be your conference operator today. At this time I would like to welcome everyone to the Super Micro Computer Incorporated Fiscal Quarter One 2023 Results Conference Call. [Operator Instructions] Thank you.

Mr. Michael Staiger, you may begin your conference.

Michael Staiger

Good afternoon and thank you for attending Supermicro's call to discuss financial results for the first quarter, which ended September 30, 2022.

With me today are Charles Liang, Founder, Chairman and Chief Executive Officer, and

David Weigand, Chief Financial Officer.

By now, you should have received a copy of the news release from the Company that was distributed at the close of regular trading and is available on the Company's website.

As a reminder, during today's call, the Company will refer to a presentation that is available to participants in the Investor Relations section of the Company's website under the Events & Presentations tab. We have also published management's scripted commentary on our website.

Please note that some of the information you’ll hear during our discussion today will consist of forward-looking statements, including without limitation those regarding revenue, gross margin, operating expenses, other income and expenses, taxes, capital allocation, and future business outlook, including guidance for the second quarter of fiscal year 2023 and the full fiscal year.

There are a number of risk factors that could cause Supermicro's future results to differ materially from our expectations. You can learn more about these risks in the press release we issued earlier this afternoon, our most recent 10-K filing for fiscal 2022, and our SEC filings.

All these documents are available on the Investor Relations page of Supermicro's website. We assume no obligation to update any forward-looking statements. Most of today's presentation will refer to non-GAAP financial results and business outlook. For an explanation of our non-GAAP financial measures, please refer to the accompanying presentation or to our press release published earlier today.

In addition, a reconciliation of GAAP to non-GAAP results is contained in today's press release and in the supplemental information attached to today's presentation. At the end of today's prepared remarks, we will have a Q&A session for sell-side analysts to ask questions.