Super Micro Computer falls after cutting quarterly forecast
ReutersApr 29, 2025 8:40 PM
AI server maker Super Micro Computer's SMCI.O shares fall 17% to $29.71 after the bell
SMCI cuts Q3 revenue and profit forecast
Expects revenue between $4.5 billion to $4.6 billion for Q3, down from earlier forecast of $5 billion to $6 billion
Cuts adj. EPS forecast to be between 29 cents to 31 cents, from earlier range of 46 cents to 62 cents
SMCI has risen over 18% YTD
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