Supermicro Announces Third Quarter Fiscal Year 2024 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/30/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
SMCI stock tumbles as gross margin guidance overshadows Q3 beat
April 30, 2024 4:18 PM EDT(Updated - May 1, 2024 4:48 AM EDT)
Super Micro Computer (NASDAQ: SMCI) reported mixed results for the fiscal Q3 2024 and said it expects gross margins to decline quarter-over-quarter, sending its shares tumbling more than 9% in premarket trading Wednesday.
For the third quarter, the company posted quarterly earnings per share (EPS) of $6.65, beating the analyst expectations of $5.80. However, revenue came in at... More
