Super Micro Computer Has a Lot to Prove When Reporting Earnings -- Barrons.com

Dow Jones05-06 00:24

By Angela Palumbo

Super Micro Computer investors want updates on much more than just financial results when the server maker reports earnings on Tuesday night.

Super Micro is scheduled to report fiscal third-quarter financial results after the stock market closes. Analysts surveyed by FactSet expect the company to report adjusted earnings of 62 cents a share on revenue of $12.4 billion. That would be a big jump from earnings of 31 cents a share on revenue of $4.6 billion in the same period last year.

Super Micro has gotten a boost from the rising demand for the infrastructure needed to power artificial intelligence. The stock hit an all-time closing high of $118.81 on March 13, 2024.

However, shares have tumbled 77% since that all-time high as investors have digested multiple company scandals.

Most recently, the stock tumbled 33% on March 20 after the U.S. government charged Super Micro co-founder Yih-Shyan "Wally" Liaw and two other individuals regarding an alleged plan to smuggle U.S.-assembled servers to China. Super Micro was not named as a defendant in the case and has said it is cooperating with the government. Super Micro has launched its own investigation into this.

Investors will be looking closely for any updates Super Micro shares about the investigation on Tuesday night.

Shareholders will also be listening for updates from Super Micro on its existing relationships with clients following the investigations. The stock dropped 8.3% on April 23 after equity research firm Bluefin wrote in a report that Super Micro lost an important contract with Oracle.

Barron's has reached out to Super Micro for comment on this report.

Super Micro stock was off 0.1% on Tuesday to $27.88. Shares have declined 5.5% this year.

Write to Angela Palumbo at angela.palumbo@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

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May 05, 2026 12:24 ET (16:24 GMT)

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