Super Micro Computer (SMCI) experienced a significant drop in its stock price during extended trading on Tuesday following the release of preliminary quarterly results that fell short of expectations.
The server manufacturer, which collaborates with Nvidia (NVDA), announced it now anticipates fiscal third-quarter revenue between $4.5 billion and $4.6 billion, a notable decrease from its earlier projection of $5 billion to $6 billion. Adjusted earnings per share are also expected to be lower at 29 cents to 31 cents, compared to the previous forecast of 46 cents to 62 cents.
This downward revision was attributed to delayed consumer product decisions, which pushed sales into Supermicro’s fiscal fourth quarter. Shares of the company fell more than 15% in after-hours trading, despite being up 18% for 2025 prior to Tuesday’s close.
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