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SMCI: Preliminary Results Disappoint

TheMotleyFool

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SMCI: Preliminary Results Disappoint: https://g.foolcdn.com/editorial/images/816626/gettyimages-802301300.jpg

Here's our initial take on Super Micro's preliminary results.

Super Micro Computer (NASDAQ: SMCI) released preliminary results for the third quarter of fiscal 2025 on Tuesday afternoon, disclosing that it would fall well short of its previous guidance. The company now expects to generate revenue between $4.5 billion and $4.6 billion, still up on a year-over-year basis but far below its previous outlook of $5 billion to $6 billion.

The company also slashed its outlook for GAAP and non-GAAP earnings per share. GAAP EPS is now expected between $0.16 and $0.17, down from a previous range of $0.36 to $0.53. Non-GAAP EPS is expected between $0.29 and $0.31, compared with prior guidance of $0.46 to $0.62.

Source Fool.com