Reported about 5 hours ago
Supermicro is set to release its quarterly earnings for Q1 of fiscal 2026, with analysts anticipating revenues of $6.09 billion and adjusted earnings per share of $0.41, reflecting growth from the previous year. Despite recovering from a tumultuous period marked by allegations from Hindenburg Research and concerns over accounting practices, the company is facing increased competition in the AI server sector. Although shares have surged 60% in 2025, recent adjustments to revenue forecasts have raised investor questions. However, Supermicro's CEO expressed optimism regarding strong demand and future growth in AI, attributing potential increases in revenue to significant orders and market share gains.
Source: YAHOO