Super Micro’s Quarterly Results Underwhelm, Shares Fall

Super Micro Computer Inc. reported fourth-quarter revenue and profit that missed Wall Street estimates, sending shares down 10.5% in extended trading. The San Jose-based server Maker posted $5.76 billion in revenue for the quarter ended June 30, below the $5.89 billion analysts expected. Adjusted earnings of 41 cents per share also fell short of the 44-cent consensus.

Despite the disappointing results, Super Micro's stock remains up 91% year-to-date as investors continue betting on its AI server technology and liquid cooling solutions. The company faces fierce competition from Dell Technologies and HP Enterprise, which leverage their extensive customer networks to dominate the high-performance computing market.

Looking ahead, Super Micro projected fiscal 2026 revenue of at least $33 billion, surpassing the $29.94 billion analysts anticipated. The ambitious forecast suggests confidence in its ability to capitalize on growing demand for AI infrastructure, despite recent accounting challenges.