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Super Micro Computer Inc. cut its outlook for this fiscal year once again, and its stock fell 4.8% in Tuesday’s extended session.
The company now expects $21.8 billion to $22.6 billion in revenue for the fiscal year that ends in June. Super Micro’s
SMCI prior outlook called for $23.5 billion to $25.0 billion. Before that, the company was looking for $26 billion to $30 billion.
This post was originally published on Market Watch
