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San Jose, California-based Super Micro Computer, Inc. (SMCI) develops and manufactures high-performance server and storage solutions based on modular and open architecture. With a market cap of $30.6 billion, Super Micro’s operations span the United States, Europe, Asia, and internationally.
The tech major is gearing up to announce its first-quarter results after the markets close on Tuesday, Nov. 4. Ahead of the event, analysts expect SMCI to report an adjusted EPS of $0.32, down a staggering 52.2% from $0.67 reported in the year-ago quarter. While SMCI has missed Street’s bottom-line projections twice over the past three quarters, it has surpassed the estimates on one other occasion.