Super micro ‘confident’ will fill the deadline sec hea
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Executive Director Super Micro Computer Charles Liang at the Computex conference in Taipe, Taiwan, June 5, 2024.
Annabelle Chih | Bloomberg | Getty Images
Super micro computer He made an optimistic comment for his fiscal 2026 and postponed an annual report that overshadowed his reduced fiscal revenue of 2025 in preliminary results in the second quarter on Tuesday.
Executive director Charles Liang said he was “convinced” that the company would submit its delayed annual report of the US Securities and Exchange Commission. The company also said it was expecting to reach $ 40 billion in revenue in a fiscal 2026. Analysts surveyed by LSEG expected $ 30 billion in revenue for that period.
Super micro sections increased as much as 10% in extended trading.
However, in the short term, the company reduced its guidelines for revenue from Fiscal 2025. The company said it was expecting revenues between $ 23.5 billion and $ 25 billion for a fiscal 2025. Analysts surveyed by LSEG expected revenues of $ 24.9 billion for a year.
The company also said it was expecting to report a net sale between $ 5.6 billion and $ 5.7 billion for a quarter that ended on December 31. Wall Street expected $ 5.89 billion, according to analysts who surveyed LSEG. The company also offered less than expected guidelines for the current period.
Super Micro also said that “continues to work hard” to fulfill the deadline for submitting delayed fiscal 2024 annual and fiscal 2025 first and second quarters because it faces the possibility Nasdaq that admires.
The company’s shares, known for their servers affected by NVIDIA graphics, were Rollercoaster by Hindenburg Research discovered a short position In stocks and companies delayed release His annual report in August. AND The company auditor ceases In October, quoting the management and the fall of the Super Micro price prices have encouraged the ability to give up the exchanging of the nadaq.
AND Rollercoaster continued on Tuesday edition. The shares are increasing about 27% in 2025, but lower than its maximum since March 2024.
The main position of Super Micro’s artificial intelligence world catapulted stocks at new heights, because Chatgpt’s 2022 debut of 2022 went crazy for AI infrastructure. Recent earnings and comments suggest that megacaps Target,, Amazon,, Alphabet and Microsoft Plan to invest as much as $ 320 billion in AI projects this year.
WATCH: Super micro computer reduces revenue guidelines throughout the year