SMCI
📉 Super Micro Computer issued a sales forecast for the current period that fell short of analyst estimates, leading to investor disappointment.
📊 The company projects revenues between $5.6 billion and $6.4 billion for the June-ending quarter, with adjusted earnings of 40 to 50 cents per share, below the 64 cents average estimate.
⚠️ CEO Charles Liang cited delayed purchases, economic uncertainty, and potential tariff impacts as reasons for the weak outlook, though he expressed confidence in long-term goals.
@bernardodegarcia:
“SMCI, Super Micro Computer, gave a sales forecast for the current period that did not meet estimates, disappointing investors after the server manufacturer published mediocre preliminary quarterly results last week for the previous quarter. Revenues will be $5.6 billion to $6.4 billion in the quarter ending in June, the company said in a statement. Earnings, excluding some items, will be between 40 and 50 cents per share. Analysts, on average, projected earnings of 64 cents on sales of nearly $6.0 billion. The poor forecast and results are the latest concern for investors in the San Jose, California-based company, which cited delayed purchases as the reason for the deficit. ‘We expect many of these commitments to materialize in the June and September quarters, which reinforces my confidence in our ability to meet our long-term objectives. However, economic uncertainty and the tariff impact may have a short-term impact,’ said CEO Charles Liang in the statement. Shares, as we are seeing, are falling a little more than 5%.”
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