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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.
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