Supermicro reports preliminary Q3 revenue of $4.5B to $4.6B, vs. $5.5B est., and $0.29 to $0.31 EPS, vs. $0.54 est., lower than past guidance; SMCI drops 19%+
Jordan Novet / CNBC :
Supermicro shares dropped ~10% after the company reported $5.31B in Q4 revenue, below est., earnings below est., and announces a 10-for-1 stock split
Shares of server company Super Micro Computer plunged 13% on Tuesday after the company announced fiscal fourth-quarter earnings that missed analyst expectations.
Supermicro, a beneficiary of the AI boom, joins the S&P 500 after its stock grew 20x+ in the past two years and 200%+ in 2024, pushing its market cap past $50B
- Shares of Super Micro Computer rose more than 8% in extended trading after the server assembler was selected to join the S&P 500 index.
Supermicro, a beneficiary of the AI boom, joins the S&P 500 after its stock grew 20x+ in the past two years and 200%+ in 2024, pushing its market cap past $50B
- Shares of Super Micro Computer rose more than 8% in extended trading after the server assembler was selected to join the S&P 500 index.
Supermicro's stock jumped 430%+ since early 2023 during the AI frenzy, outpacing Nvidia, boosting the value of its founder's 12% stake, plus options, to $3.3B
Bloomberg :
Server maker Supermicro's shares have soared 78%+ YTD, taking its market cap from $2.4B to $4.3B, outperforming all US tech companies valued at $1B or more
Server maker Supermicro's shares have soared 76%+ YTD, taking its market cap from $2.4B to $4.4B, outperforming all US tech companies valued at $1B or more
Kif Leswing / CNBC :