Super Micro Computer Faces Mixed Reactions Despite Strong Revenue Forecast

Earnings miss and margin concerns overshadow optimistic sales outlook and stock split announcement.

Super Micro Computer reported Q4 revenue of $5.31 billion, slightly above estimates, but earnings missed projections.
The company's gross margin fell to 11.3%, below analyst expectations, due to high costs and competitive pricing.
A 10-for-1 stock split was announced, set to begin trading on October 1, 2024.
Despite the earnings miss, Super Micro forecasts FY 2025 revenue between $26 billion and $30 billion.
Shares experienced significant volatility, initially rising before dropping 14% in premarket trading.