Super Micro Computer Stock Is Tanking After Hours: What's Fueling The Sell-Off?

Quick Summary:

What Happened: Super Micro reported weak preliminary results for the third quarter after market close, citing delayed customer platform decisions that moved sales into the fourth quarter.

Super Micro Computer Inc (NASDAQ:SMCI) shares are tanking in Tuesday’s after-hours session after the company reported preliminary results for its fiscal third quarter.

The company now expects to report third-quarter revenue of $4.5 billion to $4.6 billion, down from prior guidance of $5 billion to $6 billion.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: Benzinga Why it's moving US5951121038 MU DELL NVDA US24702R1014 US67066G1040 Top Stories News Movers Semiconductors Tech SMCI Guidance US86800U1043 Earnings After-Hours Center

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 21:10:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28290836

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