Earnings Outlook
Super Micro warns of much lower-than-expected revenue and earnings for its fiscal third quarter
Published: April 29, 2025 at 5:23 p.m. ET
Super Micro Computer Inc. saw its stock tumble nearly 17% in after-hours trading Tuesday, after pre-announcing a big March-quarter shortfall — and the transition to new Nvidia Corp. chips could be the reason why.
Super Micro SMCI blamed ”delayed customer platform decisions” as it warned that results for its latest quarter will be much lower than expected. It also cited much lower-than-anticipated earnings per share, due to higher inventory reserves, resulting from older-generation products.
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