Supermicro's Financial Outlook Dims as Shares Drop
Super Micro Computer Inc. (SMCI) experienced a significant premarket drop, with shares falling over 5% following the announcement of revised revenue guidance and quarterly results that fell short of expectations.
Revised Revenue Guidance Sparks Investor Concern
The company has adjusted its 2025 revenue forecast downward from an initial range of $23.5 billion to $25.0 billion to a new range of $21.8 billion to $22.6 billion. This revision has raised concerns among investors about the company's growth trajectory.
Quarterly Performance Highlights Challenges
Despite a 19% year-on-year increase in net sales to $4.6 billion for the third quarter of fiscal 2025, the figures represent a decline from the previous quarter. Additionally, net income saw a dramatic 73% drop compared to the previous year, settling at $109 million, or $0.17 per diluted share.
By 4:17 am ET, Supermicro's stock had decreased by 5.13%, landing at $31.25, reflecting the market's reaction to the latest financial disclosures.
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