Roth Capital Downgrades Super Micro Computer (SMCI) to Neutral
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Super Micro Computer, Inc. Announces 4th Quarter 2016 Financial Results
August 4, 2016 4:08 PM EDTSAN 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 announced fourth quarter and full-year financial results for the fiscal year ended June 30, 2016. The final results are in line with the preliminary results announced by the Company on July 18, 2016.
Fiscal 4th Quarter Highlights
Quarterly net sales of $524.3 million, down 1.6% from the third quarter of fiscal year 2016 and down 8.6% from the same quarter of last year. GAAP net... More