Super Micro Computer once again lowered its full-year sales forecast, admitting it will be impacted by Trump's tariffs
Super Micro Computer (SMCI) lowered its full-year sales forecast, expecting net sales of $21.8 billion to $22.6 billion, down from the previous estimate of $23.5 billion to $25 billion. Net sales for the third fiscal quarter were $4.6 billion, while analysts had expected $4.76 billion. For the fourth fiscal quarter, net sales are expected to be between $5.6 billion and $6.4 billion, compared to analysts' expectations of $6.59 billion. The company's stock price fell 4.89% in after-hours trading
Super Micro Computer's net sales for the third fiscal quarter were $4.6 billion, while analysts expected $4.76 billion.
The company expects full-year net sales to be between $21.8 billion and $22.6 billion, down from its previous estimate of $23.5 billion to $25 billion.
For the fourth fiscal quarter, net sales are expected to be between $5.6 billion and $6.4 billion, while analysts expected $6.59 billion.
Super Micro Computer (SMCI) fell 4.89% in after-hours trading.
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