Skip to content
Trending
June 21, 2025Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows August 14, 2025Our top 3 gainers and laggards over the past month as the S&P 500 hits record highs May 19, 2025Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit October 15, 2025Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows May 3, 2025U.S. payroll growth totals 177,000 in April, defying expectations August 18, 2025When ‘invest like the 1%’ fails: How Yieldstreet’s real estate bets left customers with massive losses April 18, 2025Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems October 8, 2025The shutdown meant no jobs report. Carlyle’s analysis shows it would have been pretty bad May 15, 2025Shark Tank alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots May 7, 2025Disney announces an Abu Dhabi theme park and resort
  Friday 6 February 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Earnings  Super Micro stock sinks 20% after earnings, outlook disappoint
Earnings

Super Micro stock sinks 20% after earnings, outlook disappoint

AdminAdmin—August 6, 20250

Super Micro missed Q4 estimates

Super Micro Computer

shares plunged 20% on Wednesday after the company posted weaker-than-expected fiscal fourth quarter results, dented in part by President Donald Trump’s tariffs.

CEO Charles Liang told investors on a conference call that the company has “taken measures to reduce the impact” of the tariffs.

“With respect to the tariffs, the situation is dynamic,” CFO David Weigand said on the investor call. “We’re actively monitoring the tariff environment. We know there’s news coming out next week. If we have any updates, we’ll share it with you, but we can only watch and react as every other business is.”

More stories

Nestle announces plans to slash 16,000 jobs, stock jumps 9%

October 18, 2025

Danaher gives investors reasons to stick around, sending beaten-up shares flying

October 21, 2025

Oracle shares climb 8% as earnings, revenue top estimates

June 12, 2025

Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago

April 4, 2025

Super Micro reported fourth-quarter adjusted earnings per share of 41 cents, compared with expectations for 44 cents. Revenue came in at $5.76 billion, which was below analysts’ forecasts of $5.89 billion.

Liang told investors the company was hindered by a June revenue shortfall due to a lack of working capital and “specification changes from a major new customer.”

Read more CNBC tech news

The company has in recent years benefited from surging demand for AI servers packed with Nvidia chips, but has growth has since slowed.

The server maker also offered guidance late Tuesday that fell short of consensus estimates. Super Micro said it expects 40 cents to 52 cents in adjusted earnings per share on $6 billion to $7 billion in revenue for the fiscal first quarter.

Wall Street had projected 59 cents per share and $6.6 billion in revenue for the first quarter.

For the full year, Super Micro said it expects revenue to be at least $33 billion. That’s a step down from its forecast in February, where it projected as much as $40 billion in sales, but greater than the LSEG consensus of $29.94 billion.

Stock Chart IconStock chart icon

hide content

YTD stock chart for Super Micro Computer.

CNBC’s Jordan Novet contributed reporting to this story.

Sen. Warren asks FTC to consider blocking Dick’s-Foot Locker merger over antitrust concerns
Trump’s tariff playbook comes with a baseball twist
Related posts
  • Related posts
  • More from author
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Earnings

Salesforce’s raised guidance lifts the stock but doesn’t change our rating

December 17, 20250
Earnings

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

December 16, 20250
Load more
Read also
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Economy

Watch Fed Governor Christopher Waller speak on interest rates and the race to succeed Powell

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions