Super Micro Computer Inc. (SMCI) announced a profit for first quarter that Decreased from last year and missed the Street estimates.
The company's earnings totaled $168.29 million, or $0.26 per share. This compares with $424.33 million, or $0.67 per share, last year.
Excluding items, Super Micro Computer Inc. reported adjusted earnings of $239.90 million or $0.35 per share for the period.
Analysts on average had expected the company to earn $0.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 15.5% to $5.017 billion from $5.937 billion last year.
Super Micro Computer Inc. earnings at a glance (GAAP) :
-Earnings: $168.29 Mln. vs. $424.33 Mln. last year.-EPS: $0.26 vs. $0.67 last year.-Revenue: $5.017 Bln vs. $5.937 Bln last year.
-Guidance:Next quarter EPS guidance: $0.46 - $0.54Next quarter revenue guidance: $10.0 - $11.0 BlnFull year revenue guidance: $36.0 Bln
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