SMCI Earnings: Super Micro Computer Slips amid Mixed Q4 Results - TipRanks.com

Category: Finance

Super Micro Computer (SMCI) reported mixed Q4 FY 2024 results with EPS of $6.25, missing estimates, while revenue surged 143.6% to $5.31 billion, exceeding expectations. For Q1 2025, management forecasts revenue between $6 billion and $7 billion and adjusted EPS between $6.69 and $8.27. Despite stock struggles, investor sentiment remains positive, with a Moderate Buy consensus from analysts and a significant upside potential based on price targets.

Keywords: Super Micro Computer, earnings report, stock analysis

Source: Tipranks

Update At: 8/7/2024

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