Super Micro Computer Stock Slips After Q3 Results: 'Uncertainty And Tariffs May Have A Short-Term Impact,' CEO Says

Super Micro Computer, Inc. SMCI released its third-quarter results after Tuesday's closing bell. Here's a look at the details from the report. 

The Details: Super Micro Computer reported quarterly earnings of 31 cents per share, which missed the analyst consensus estimate of 50 cents by 38%. Quarterly revenue came in at $4.6 billion, which missed the analyst consensus estimate of $5.42 billion by 15.1%.

Non-GAAP gross margin was 9.7% with adjustments for stock-based compensation expenses of $7 million. 

The company had previously said it expected to report third-quarter revenue of $4.5 billion to $4.6 billion, and adjusted earnings in the range of 29 cents to 31 cents per share.

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“We continue to make great progress with our DCBBS (Data Center Building Block Solution), DLC (Direct Liquid Cooled-2) and AI technology leadership, but some customers delayed making platform decisions in the quarter,” said Charles Liang, CEO of Supermicro.

“We do expect many of those commitments to land in the June and September quarters, reinforcing my confidence in our ability to meet our long-term targets, however, economic uncertainty and tariff impacts may have a short-term impact. We believe that we are well-positioned in the long term to capitalize on the growing market opportunity,” Liang added.

Outlook: Super Micro expects net sales of $5.6 billion to $6.4 billion for the fourth quarter and non-GAAP net income of 40 cents to 50 cents per diluted share.

SMCI Price Action: According to data from Benzinga Pro, Super Micro Computer stock was down 4.07% after-hours at $31.60 on Tuesday.  

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