US Stock Move | SUPER MICRO COMPUTER INC (SMCI.US) Drops Over 5.7% as Q1 Preliminary Revenue Data Falls Short of Market Expectations

Stock News

10/23

On Thursday, the stock price of SUPER MICRO COMPUTER INC (SMCI.US) declined, falling over 5.7% to $49.48 as of the time of reporting. The company had previously announced that its preliminary revenue figures for the first fiscal quarter were significantly below market expectations. It reported an estimated revenue of approximately $5 billion for Q1 of fiscal year 2026, compared to the consensus forecast of $6.48 billion. The company explained that some of its orders had their revenue recognition deferred to the second quarter due to upgrades. However, it emphasized that the total value of new design orders recently secured has exceeded $12 billion, with expected deliveries beginning in the second quarter of fiscal year 2026.

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