Super Micro current quarter guidance tops estimates, but Q1 earnings fall short

Investing.com -- Super Micro reported Tuesday upbeat revenue guidance for the current quarter even as Q1 earnings missed estimates and the data center company announced a stock split as it looks to capitalize on growing demand for artificial intelligence hardware used to power AI applications.

For fiscal Q1, non-GAAP net income per diluted share was estimated in a range of $6.69 to $8.27 on sales of $6.0 billion to $7.0 billion, compared with Wall Street estimates for $7.58 on revenue of $5.45B, respectively.) among its customers for servers, reported adjusted earnings of $6.25 share on sales of $5.31 billion Analysts polled by Investing.com had expected earnings of $8.1 a share on sales of $5.31 billion.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks making the biggest moves premarket: Trump Media & Technology, Apple, Super Micro Computer and moreThese are the stocks posting the largest moves in premarket trading.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Nvidia, Super Micro Computer lead AI trade carnage with both stocks down more than 12%Artificial intelligence stocks that have powered much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall…
Fonte: nbcchicago - 🏆 545. / 51 Consulte Mais informação »

Nvidia, Super Micro Computer lead AI trade carnage with both stocks down more than 12%Artificial intelligence stocks that have powered much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall…
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »