Super Micro Computer Inc. disappointed investors by issuing a revenue forecast of $5.6 billion to $6.4 billion for the quarter ending in June, significantly lower than analyst expectations of $6.59 billion. CEO Charles Liang attributed the miss to delayed orders and noted that tariff impacts may affect short-term demand. The company's gross margin also declined, primarily due to increased inventory reserves and costs linked to product launches. Following the announcement, shares dropped around 7% in after-hours trading, highlighting the market's reaction to the lackluster results.
Super Micro's forecast for the upcoming quarter fell significantly short of analyst expectations, primarily due to delayed purchases and ongoing economic uncertainty.
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