Subtext

Super Micro Computer, Inc. SMCI

SectorInformation Technology
Transcripts23
Date range2019-11-14 – 2025-05-06
Calls charted23

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-17-9+0+9+172020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Overall: +10.72020 Q2 · Overall: +4.92020 Q3 · Overall: +2.22020 Q4 · Overall: +8.42021 Q1 · Overall: +5.82021 Q2 · Overall: +12.42021 Q3 · Overall: +12.72021 Q4 · Overall: +5.32022 Q1 · Overall: +6.72022 Q2 · Overall: +9.32022 Q3 · Overall: +15.02022 Q4 · Overall: +15.02023 Q1 · Overall: +15.22023 Q2 · Overall: +9.62023 Q3 · Overall: +11.42023 Q4 · Overall: +10.22024 Q1 · Overall: +10.32024 Q2 · Overall: +10.92024 Q3 · Overall: +8.62024 Q4 · Overall: +7.62025 Q1 · Overall: +7.42025 Q2 · Overall: +4.02025 Q3 · Overall: +8.1
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-34-17+0+17+342020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · CEO: +29.82020 Q3 · CEO: +20.82020 Q4 · CEO: +23.12021 Q1 · CEO: +18.42021 Q2 · CEO: +23.22021 Q3 · CEO: +25.52021 Q4 · CEO: +13.32022 Q1 · CEO: +15.22022 Q2 · CEO: +26.32022 Q3 · CEO: +25.42022 Q4 · CEO: +19.82023 Q1 · CEO: +24.62023 Q2 · CEO: +27.12023 Q3 · CEO: +18.42023 Q4 · CEO: +20.82024 Q1 · CEO: +20.12024 Q2 · CEO: +24.82024 Q3 · CEO: +21.12024 Q4 · CEO: +19.92025 Q1 · CEO: +19.52025 Q2 · CEO: +17.02025 Q3 · CEO: +28.52020 Q1 · CFO: +6.42021 Q1 · CFO: -5.82022 Q2 · CFO: +0.02022 Q3 · CFO: +10.62022 Q4 · CFO: +16.62023 Q1 · CFO: +15.22023 Q2 · CFO: +9.22023 Q3 · CFO: +9.82023 Q4 · CFO: +6.82024 Q1 · CFO: +12.62024 Q2 · CFO: +12.92024 Q3 · CFO: +10.52024 Q4 · CFO: +9.92025 Q1 · CFO: +9.72025 Q2 · CFO: +0.02025 Q3 · CFO: +2.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-44-22+0+22+442020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1 · Prepared remarks: +12.72020 Q2 · Prepared remarks: +12.12020 Q3 · Prepared remarks: +3.72020 Q4 · Prepared remarks: +11.82021 Q1 · Prepared remarks: +5.62021 Q2 · Prepared remarks: +14.62021 Q3 · Prepared remarks: +14.62021 Q4 · Prepared remarks: +10.82022 Q1 · Prepared remarks: +11.82022 Q2 · Prepared remarks: +11.02022 Q3 · Prepared remarks: +18.22022 Q4 · Prepared remarks: +16.12023 Q1 · Prepared remarks: +22.72023 Q2 · Prepared remarks: +18.82023 Q3 · Prepared remarks: +11.52023 Q4 · Prepared remarks: +11.92024 Q1 · Prepared remarks: +14.42024 Q2 · Prepared remarks: +17.82024 Q3 · Prepared remarks: +13.52024 Q4 · Prepared remarks: +15.42025 Q1 · Prepared remarks: +5.52025 Q2 · Prepared remarks: +6.22025 Q3 · Prepared remarks: +15.72020 Q1 · Q&A responses: +38.12020 Q2 · Q&A responses: +1.32020 Q3 · Q&A responses: +7.02020 Q4 · Q&A responses: +11.62021 Q1 · Q&A responses: +9.52021 Q2 · Q&A responses: +15.02021 Q3 · Q&A responses: +16.22021 Q4 · Q&A responses: +5.52022 Q1 · Q&A responses: +5.92022 Q2 · Q&A responses: +15.42022 Q3 · Q&A responses: +16.52022 Q4 · Q&A responses: +17.12023 Q1 · Q&A responses: +7.02023 Q2 · Q&A responses: +9.52023 Q3 · Q&A responses: +12.62023 Q4 · Q&A responses: +13.72024 Q1 · Q&A responses: +15.12024 Q2 · Q&A responses: +16.22024 Q3 · Q&A responses: +15.92024 Q4 · Q&A responses: +15.42025 Q1 · Q&A responses: +19.12025 Q2 · Q&A responses: +12.12025 Q3 · Q&A responses: +20.4
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-0.09$1.91$3.922020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: $0.262020 Q2: $0.242020 Q3: $0.182020 Q4: $0.282021 Q1: $0.322021 Q2: $0.332021 Q3: $0.322021 Q4: $0.362022 Q1: $0.382022 Q2: $0.602022 Q3: $0.792022 Q4: $0.952023 Q1: $0.982023 Q2: $1.102023 Q3: $1.732023 Q4: $1.872024 Q1: $2.812024 Q2: $3.402024 Q3: $3.652024 Q4: $3.37

Forward P/E

5.1225.0644.992020 Q12020 Q42021 Q32022 Q22023 Q12023 Q42024 Q32025 Q22020 Q1: 10.792020 Q2: 13.252020 Q3: 14.412020 Q4: 10.682021 Q1: 12.162021 Q2: 10.852021 Q3: 11.382021 Q4: 11.782022 Q1: 11.262022 Q2: 7.872022 Q3: 8.132022 Q4: 9.472023 Q1: 9.392023 Q2: 22.532023 Q3: 15.712023 Q4: 14.612024 Q1: 42.242024 Q2: 27.062024 Q3: 11.992024 Q4: 9.56

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2021 Q1 tone ↓ -2.6 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -7.4 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -5.6 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -2.3 fwd EPS ↑ +0.25 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-05-06+8.1——View →
2025 Q22025-02-11+4.0——View →
2025 Q12024-11-05+7.4——View →
2024 Q42024-08-06+7.6$3.379.6View →
2024 Q32024-04-30+8.6$3.6512.0View →
2024 Q22024-01-29+10.9$3.4027.1View →
2024 Q12023-11-01+10.3$2.8142.2View →
2023 Q42023-08-08+10.2$1.8714.6View →