Super Micro stock plunges by over 10% after Q3 revenue shortfall and weaker profit outlook
Super Micro' stock plunged by more than 10% on Tuesday during after-hours trading, after the server maker reported worse-than-expected earnings for the first quarter of its fiscal year. The company brought in just $5.02 billion in revenue, falling far below the $6 billion analysts predicted, according to the earnings report released after the bell. Adjusted [...]
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