SMCI 2027财年营收指引超预期，达650-720亿美元
$SMCI 2027 guidance was actually unholy: $65-$72 billion FY 2027 revenue guidanc…
$SMCI 2027 guidance was actually unholy: $65-$72 billion FY 2027 revenue guidance...
$SMCI 2027年指引实际上相当惊人：2027财年营收指引为650亿至720亿美元...
vs. ~$52.4B expected, a casual +$16.1B above consensus.
而市场预期约为524亿美元，轻松超出预期161亿美元。
SMCI logged a massive $60B+ in news order from this earnings.
SMCI在这次财报中录得了超过600亿美元的巨额新订单。
That timeline is also interesting when they announced a plan to co-build $SPCX + xAI DCs "within a year" back in June..
这个时间线也很有趣，因为他们在6月份宣布计划在“一年内”与$SPCX和xAI共建数据中心。
But if SMCI sustain 10-15% gross margins off that ~$70B revenue guidance... I think there's a lot of room for rerating given MC is ~$20B (NFA, I have short term positions in SMCI now from this ER).
但如果SMCI能在这约700亿美元的营收指引下维持10-15%的毛利率...我认为鉴于市值约为200亿美元（非财务建议，我目前因这次财报持有SMCI短期头寸），还有很大的重估空间。
Most important thing is learning about 2027 margins from call today.
最重要的是从今天的电话会议中了解2027年的毛利率情况。
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力