UPDATE: Stifel Downgrades Super Micro Computer (SMCI) to Hold

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Supermicro® Schedules Conference Call and Webcast for Fourth Quarter and Fiscal 2016 Financial Results

July 18, 2016 4:05 PM EDT

Company to Report Lower than Expected Revenue and EPS

Company Also Announces $100 Million Stock Repurchase Program

SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, today provided preliminary information regarding its financial results for the fourth quarter and fiscal year ended June 30, 2016.

The Company also announced that it will release fourth quarter and fiscal 2016 financial results on Thursday, August 4, 2016, immediately after the close of regular trading, followed by a... More