Supermicro Announces Third Quarter Fiscal Year 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
SMCI stock tumbles as gross margin guidance overshadows Q3 beat
April 30, 2024 4:18 PM EDT(Updated - May 1, 2024 4:48 AM EDT)
Super Micro Computer (NASDAQ: SMCI) reported mixed results for the fiscal Q3 2024 and said it expects gross margins to decline quarter-over-quarter, sending its shares tumbling more than 9% in premarket trading Wednesday.
For the third quarter, the company posted quarterly earnings per share (EPS) of $6.65, beating the analyst expectations of $5.80. However, revenue came in at... More
