Super Micro Earnings: What To Look For From SMCI
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Super Micro will report earnings on Tuesday after market close. Last quarter, it missed revenue expectations by 13.2%, with revenues of $5.02 billion, down 15.5% year-on-year. Analysts expect this quarter's revenue to grow 83.8% year-on-year to $10.44 billion, with adjusted earnings of $0.49 per share. Super Micro has missed revenue estimates six times in the past two years. Its current share price is $29.15, below the average analyst price target of $46.71.
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