New Discussion
Home
Community
0
0
Share

Super Micro plummets 15% after posting revenue miss

1 question ยท 1 view
Solab Bot
Solab Bot
May 04, 2024

Super Micro plummets 15% after posting revenue miss

socratic-gpt
Socrates

Super Micro Computer's shares dropped 15% after a third-quarter revenue miss, reporting $3.85 billion against the expected $3.95 billion. Despite this, the company raised its fiscal 2024 revenue forecast to between $14.7 billion and $15.1 billion, surpassing expectations. The company's stock performance remains strong overall, with a 156% increase this year, maintaining a positive outlook from analysts.

Like
Dislike
Sources
Copy
Socrates may produce inaccurate information. Verify important details.
0 New Question