Super Micro turnover fails to excite


The company's revenue in the fiscal third quarter climbed to US$3.85bil. — Bloomberg

LOS ANGELES: Super Micro Computer Inc has reported quarterly sales that tripled from the same period last year but fell slightly short of estimates, disappointing investors who had sky-high expectations for the server maker’s business to benefit from artificial intelligence-related demand.

Revenue in the fiscal third quarter, which ended March 31, climbed to US$3.85bil, the company said in a statement. That’s just below the consensus estimate of US$3.86bil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Late bargain-hunting lifts Bursa Malaysia to ends hgher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Hong Kong shares fall after Lunar New Year break, tech drops
Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions

Others Also Read