Super Micro cuts annual revenue forecast; shares fall
- Super Micro Computer, a Silicon Valley server maker, reported fiscal third-quarter earnings and revenue below Wall Street expectations on April 29, 2025.
- The company lowered its fiscal 2025 revenue guidance due to economic uncertainty, tariffs, and delayed customer purchases, impacting short-term performance.
- Super Micro posted $0.31 earnings per share versus the $0.50 forecast and $4.60 billion revenue versus the $5.42 billion estimate for the quarter ended March 31.
- CEO Charles Liang said the company expects commitments to materialize in coming quarters and noted progress with AI technology and data center solutions despite challenges.
- The downward revision in the forecast reflects widespread challenges in the tech sector, including tariffs, supply chain issues, and cautious spending, indicating a shift toward tighter budget management and improved efficiency in operations.
13 Articles
13 Articles
Super Micro cuts its outlook once again, now acknowledging possible tariff impacts
The company lowered its forecast for the fiscal year and came up short with its outlook for the current quarter. Article Attribution | Read More at Article Source The post Super Micro cuts its outlook once again, now acknowledging possible tariff impacts appeared first on RocketNews.
Super Micro Computer Stock Slips After Q3 Results: 'Uncertainty And Tariffs May Have A Short-Term Impact,' CEO Says - Super Micro Computer (NASDAQ:SMCI)
Super Micro Computer releases its third-quarter results after Tuesday's closing bell. Here's a look at the details from the report.
Super Micro cuts annual revenue forecast; shares fall
Super Micro Computer trimmed its fiscal 2025 revenue expectation on Tuesday, adding to concerns around the server maker's position in the AI market after a litany of internal issues had brought on a potential delistingShares of the company fell 5.4 per cent in extended trading.The company now expects 2
Super Micro Computer Stock Is Tumbling Wednesday: What's Going On?
Super Micro Computer, Inc. (NASDAQ:SMCI) shares are trading lower Wednesday after the company reported worse-than-expected third-quarter financial results on Tuesday after the market closed. The Details: Super Micro reported adjusted earnings per share of 31 cents, missing the consensus estimate…
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