Overview

• Super Micro Computer Inc. revised its Q3 FY25 net sales guidance to $4.5–$4.6 billion, significantly below the previous $5–$6 billion range.
• Earnings per share are now projected at $0.16–$0.17, a steep drop from the prior $0.36–$0.53 guidance.
• The company attributed the shortfall to delayed customer platform decisions, which postponed some orders to the next quarter.
• Following the announcement, Super Micro's stock fell 11.5%, and Mizuho Securities cut its price target from $50 to $34.
• Investor uncertainty grew due to conflicting EPS figures reported by Forbes and concerns over potential market share loss to competitors like Dell.