Super Micro Computer Sees Q1 Sees Q 1 Adj. EPS $2.75-$3.50 vs $2.96 Est., Revenues $1.9B-$2B vs $2.03B Est.
Portfolio Pulse from Benzinga Newsdesk
Super Micro Computer (SMCI) has projected its Q1 adjusted EPS to be between $2.75 and $3.50, compared to the estimated $2.96. The company also expects its revenues to be between $1.9 billion and $2 billion, slightly lower than the estimated $2.03 billion.
August 08, 2023 | 8:48 pm
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NEGATIVE IMPACT
Super Micro Computer's Q1 adjusted EPS and revenue forecasts are slightly lower than estimates. This could potentially impact the company's stock price.
Super Micro Computer's lower-than-expected Q1 earnings and revenue forecasts could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100