1 week ago
SMCI Stock Faces Crucial Test After Earnings Reversal
TLDR SMCI stock fell more than 7% and slipped back below the critical $40 level. Super Micro posted EPS of $1.70, beating the $0.71 analyst estimate. Quarterly revenue reached $11.12 billion, below expectations of $11.73 billion. First-quarter revenue guidance of $14.5 billion to $15.5 billion topped the $12.09 billion consensus. Super Micro expects fiscal 2027 [...]
The post SMCI Stock Faces Crucial Test After Earnings Reversal appeared first on Blockonomi.
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