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Nov 5, 2025 8:00 AM

SMCI Stock Plunges Nearly 9% In Wednesday Pre-Market: What's Going On?

The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) declined 8.99% during Wednesday’s pre-market trading session after its quarterly earnings report fell short of market expectations.

CEO Touts Strong Order Book Despite Weak Results

SMCI’s earnings report for the fiscal first-quarter earnings report, released on Tuesday, revealed earnings of 35 cents per share, below the analyst consensus of 40 cents. The quarterly revenue was $5.01 billion, also missing the analyst consensus of $5.99 billion and showing a decrease from the $5.93 billion revenue in the same period last year.

The company’s first-quarter highlights included a less-than-expected outlook for the second quarter. Super Micro is anticipating an adjusted EPS of 46 cents to 54 cents, compared to the 61-cent analyst estimate. However, the company expects revenue for the ...