Super Micro Computer Stock Crashes Again After Earnings. What Happens Next?
Uncertainty is what the stock market hates most.
Super Micro Computer Stock Slammed With Dismal Updates
Super Micro Computer Inc (NASDAQ:SMCI) stock is plummeting today, down 23.8% at $21.10 at last glance, after the company's current-quarter earnings and sales forecasts missed Wall Street's estimates.
Super Micro Is Coming Up Too Short
Disappointing server sales are blamed on the delay of new Nvidia chip, but management's credibility has dimmed.
SMCI Spiral Continues, CELH Slips as PEP Sales Fall, NVO Trims Down
Despite the rally following a Donald Trump presidential win, Supermicro (SMCI) sold off from continued uncertainty in its preliminary earnings report. Celsius (CELH) also traded down as PepsiCo's (PEP) sales slide.
Super Micro's stock tumbles, as one line was ‘all investors needed to hear'
Super Micro shares set to shed another 20%-plus on Wednesday as the company acknowledged its filing delay could have some impact on the business.
Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AI-server maker.
Supermicro stock crashes — Is Nvidia safe from the fallout?
The downfall of Super Micro Computer (NASDAQ: SMCI) continues to stir market uncertainties. After a series of serious allegations, investors have abandoned ship in droves — but that is not the primary concern on the minds of investors.
Super Micro stock plunges 17% on weak guidance, delayed results
Super Micro, a major player in the server manufacturing sector, reported unaudited quarterly financials on Tuesday, missing revenue expectations and issuing a weaker-than-anticipated forecast. Super Micro is at risk of being delisted from the Nasdaq stock exchange if it does not file its annual report by mid-November.
Super Micro Computer: Disappointing Outlook But Upgrading On Improved Cash Flow Performance
After the close of Tuesday's session, beleaguered high-performance server and storage solutions provider Super Micro Computer or "Super Micro" provided an eagerly awaited business update. Preliminary Q1/FY2025 results came in mixed, as weaker than expected, sales were offset by improved margins and decent cash generation. The company also provided disappointing second quarter guidance, with sales and earnings per share expected to come in way below consensus expectations.
Super Micro Computer Price Levels to Watch as Stock Plunges After Business Update
Shares in Super Micro Computer (SMCI) tumbled in extended trading Tuesday after the troubled server maker provided preliminary fiscal first-quarter results that came in below Wall Street expectations and said it's unable to predict when it will file its delayed 2024 annual report.
Super Micro still offers no clear answers to investors
Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and its embattled shares.
Super Micro Computer, Inc. (SMCI) Q1 2025 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:54 PM ET Super Micro Computer, Inc. (NASDAQ:SMCI ) Q1 2025 Earnings Call November 05, 2024, 17:00 PM ET Company Participants Charles Liang - Founder, President, CEO and Chairman David Weigand - SVP and CFO Michael Staiger - VP, IR and Corporate Development Conference Call Participants Michael Ng - Goldman Sachs Samik Chatterjee - JPMorgan Aaron Rakers - Wells Fargo Ananda Baruah - Loop Capital George Wang - Barclays Nehal Chokshi - Northland Vijay Rakesh - Mizuho Jon Tanwanteng - CJS Securities Mehdi Hosseini - SIG Quinn Bolton - Needham & Company Operator Thank you for standing by. My name is Telia, and I will be your conference operator today.
