Skip to content
Trending
June 14, 2025Oracle shares pop 13% to record high on earnings beat, cloud optimism May 6, 2025Airfare, produce and TVs: Which prices are falling for consumers August 20, 2025‘Job hugging’ has replaced job-hopping, consultants say, as workers cling to current roles December 11, 2025VanEck turns online slang into strategy with ‘Degen Economy’ ETF August 15, 2025Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move April 20, 2025Harvard’s battle with the Trump administration is creating a thorny financial situation November 7, 2025Fed’s Miran says stablecoin surge could help push interest rates lower June 9, 2025Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts July 15, 2025‘Lost their identity’: Why Target is struggling to win over shoppers and investors June 5, 2025Most companies are already raising prices or plan to because of tariffs, data shows
  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

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

November 17, 2025

Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million

June 2, 2025

WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026

March 2, 2025

Tencent fourth-quarter profit surges 90% on gaming and advertising boost

March 19, 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