Super Micro 18% - Key Insights From the Conference Call. Datacenter Building Block Solutions Accelerates Data Center Construction to 18 Months!
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The stock of Super Micro (SMCI) plummeted by 18% after the quarterly figures were released. Last night, the company published its quarterly results, which fell short of expectations, including the outlook. The hard numbers: revenues increased by 7.5% to $5.8 billion, while EPS shrank by 24% to $0.41. This caused dissatisfaction, as the consensus anticipated $5.91 billion and $0.44. The outlook for the current quarter came in at $6-7 billion, but the EPS forecast of $0.40-0.52 was below the analyst consensus of $0.59. Super Micro is on a growth path....
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