Super Micro shares plunge 15% on weak results, disappointing guidance

Super Micro shares plunge 15% on weak results, disappointing guidance


Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023.

Walid Berrazeg | Sopa Images | Lightrocket | Getty Images

Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance.

Here’s how the company did in comparison with LSEG consensus:

  • Earnings per share: 41 cents adjusted vs. 44 cents expected
  • Revenue: $5.76 billion vs. $5.89 billion expected

Super Micro’s revenue increased 7.5% during the quarter, which ended on June 30, according to a statement.

For the current quarter, Super Micro called for 40 cents to 52 cents in adjusted earnings per share on $6 billion to $7 billion in revenue for the fiscal first quarter. Analysts surveyed by LSEG were looking for 59 cents per share and $6.6 billion in revenue.

For the 2026 fiscal year, Super Micro sees at least $33 billion in revenue, above the LSEG consensus of $29.94 billion.

Super Micro saw surging demand starting in 2023 for its data center servers packed with Nvidia chips for handling artificial intelligence models and workloads. Growth has since slowed.

The company avoided being delisted from the Nasdaq after falling behind on quarterly financial filings and seeing the departure of its auditor.

As of Tuesday’s close, Super Micro shares were up around 88% so far in 2025, while the S&P 500 index has gained 7%.

Executives will discuss the results on a conference call starting at 5 p.m. ET.

Don’t miss these insights from CNBC PRO

We have a runaway bull market right now, says Jim Cramer



Source

‘Wicked: For Good’ soars to 0 million domestic opening
World

‘Wicked: For Good’ soars to $150 million domestic opening

Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back […]

Read More
Mining giant BHP makes renewed takeover bid for rival Anglo American, source says
World

Mining giant BHP makes renewed takeover bid for rival Anglo American, source says

Bloomberg | Bloomberg | Getty Images Mining company BHP has made a renewed takeover approach to rival Anglo American, a source familiar with the matter told Reuters on Sunday, just months after the London-listed miner agreed merger plans with Canada’s Teck Resources to create a global copper-focused heavyweight. Anglo American declined to comment. BHP did […]

Read More
Stop saying ‘don’t cry’—to raise confident, emotionally intelligent kids, use these 5 phrases instead
World

Stop saying ‘don’t cry’—to raise confident, emotionally intelligent kids, use these 5 phrases instead

It’s natural to want to comfort a child when they’re crying. When parents see their kid hurting physically or emotionally, they often want to do anything in their power to stop their heartache.  As a dual certified child life specialist and therapist, I’ve heard parents and even health care workers telling kids “don’t cry” while […]

Read More