Super Micro stock plummets 18% after posting revenue miss

The Super Micro Computer logo is seen on a smartphone screen.Super Micro Computer shares plunged 18% on Wednesday morning after the server company upped its top-line guidance but reported third-quarter revenue that slightly missed estimates.The company on Tuesday posted revenue of $3.85 billion, below the $3.95 billion expected by analysts surveyed by LSEG. Adjusted earnings of $6.65 per share surpassed the $5.78 in earnings per share analysts anticipated.Super Micro hiked its fiscal 2024 revenue forecast t ...