Modified in.10-30
SMCI Earnings: Delisting or Rebound After 40% Decline?
Super Micro Computer is set to release its Q1 FY25 results on November 5. Its shares plunged 44% after the auditor for the artificial intelligence server maker resigned.
Wall Street analysts anticipateΒ the company will report EPS of $0.73, a remarkable 115% yoy increase.
Revenues are expected to rise by 205% from the same quarter last year, reaching $6.46 billion.
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Would you consider bottom-fishing at $20?
The next step for SMCI is delist or rebound?
Can SMCI deliver earnings increase as expected?
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