Super Micro Rallies as Quarterly Forecast Tops Estimates Despite Revenue Miss
Super Micro Computer shares rose as much as 19% in extended trading after the company forecast current-quarter net sales and adjusted profit above analysts’ estimates, even though its latest quarterly revenue fell short of expectations. Third-quarter revenue more than doubled to $10.24 billion but missed estimates of $12.45 billion, while adjusted earnings per share came in at $0.84 versus an expected $0.63. Adjusted gross margin was 10.1%, compared with a 6.75% estimate.
For the current quarter, Super Micro projected adjusted EPS of $0.65 to $0.79 and net sales of $11.0 billion to $12.5 billion, above estimates of $0.57 and $11.16 billion. Management said the company’s transformation into a total datacenter infrastructure provider was accelerating and that margin recovery and growth in its DCBBS business showed operations remained robust.
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@stockmktnewzSuper Micro $SMCI stock is currently up 11% in after hours 🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢
@unusual_whalesBREAKING: SuperMicroComputer, $SMCI, earnings: - EPS: $0.84, est: $0.62 - Revenue: $10.2 billion, est: $12.4 billion $JOBY earnings: - EPS: -$0.12, est: -$0.21 - Revenue: $24 million, est: $20 million $LCID: - EPS: -$2.82, est: -$2.3 -
@wallstengine$SMCI Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $10.2B (Est. $12.39B) 🔴; +123% YoY 🔹 Adj. EPS: $0.84 (Est. $0.62) 🟢 🔹 Gross Margin: 9.9%; vs 6.3% QoQ and 9.6% YoY 🔹 Net Income: $483M; +344% YoY 🔹 Cash Flow Used In Operations: $6.6B Q4 Guide: 🔹
@thetranscript_Super Micro CEO: "Supermicro's transformation into a total datacenter infrastructure provider is accelerating. Our margin recovery and the rapid growth of our DCBBS business demonstrate that our business remains robust." $SMCI: +16% AH htt
@financialjuice$SMCI Super Micro Computer Q3 Earnings Adjusted EPS $0.84, est. $0.63 Revenue $10.24B, est. $12.45B Adjusted gross margin 10.1%, est. 6.75% Sees Q4 adjusted EPS $0.65 to $0.79, est. $0.57 Sees Q4 net sales $11.0B to $12.5B, est. $11.16B Se
@businessSuper Micro gave a forecast for profit in the current quarter that topped analysts’ estimates, signaling the company is controlling the costs of getting its powerful AI servers into customers’ hands
@cnbcSuper Micro stock jumps 19% on guidance beat as revenue more than doubles
@reutersSuper Micro forecasts quarterly revenue above estimates, shares climb