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Stockreport

Super Micro Sales Fail to Clear High Investor Expectations [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance Canada
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
estimates, disappointing investors who had sky-high expectations that the server maker's business would benefit from AI-related demand. Most Read from Bloomberg Revenue in the fiscal third quarter, which ended March 31, climbed to $3.85 billion, the company said Tuesday in a statement. That's just below the consensus estimate of $3.86 billion, according to data compiled by Bloomberg. Profit, excluding some items, was $6.65 per share, ahead of the $5.58 expected by Wall Street analysts. ADVERTISEMENT A jump in demand for the equipment that powers artificial intelligence training and applications has helped drive sales at Super Micro, which makes data center servers. Growth rates at the San Jose, California-based company have climbed higher in recent quarters on the back of deals with large corporations and an improving supply of high-powered chips. Tuesday's results weren't enough to advance the hype. The shares dropped about 13% in extended trading after closing at $858.80 i [Read more]

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Stockreport

Super Micro Sales Fail to Clear High Investor Expectations [Yahoo! Finance Canada]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
estimates, disappointing investors who had sky-high expectations that the server maker's business would benefit from AI-related demand. Most Read from Bloomberg Revenue in the fiscal third quarter, which ended March 31, climbed to $3.85 billion, the company said Tuesday in a statement. That's just below the consensus estimate of $3.86 billion, according to data compiled by Bloomberg. Profit, excluding some items, was $6.65 per share, ahead of the $5.58 expected by Wall Street analysts. ADVERTISEMENT A jump in demand for the equipment that powers artificial intelligence training and applications has helped drive sales at Super Micro, which makes data center servers. Growth rates at the San Jose, California-based company have climbed higher in recent quarters on the back of deals with large corporations and an improving supply of high-powered chips. Tuesday's results weren't enough to advance the hype. The shares dropped about 13% in extended trading after closing at $858.80 i [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS