FQ1 2026 Results November 4, 2025 Disclosures Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release that are not historical fact may be forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward -looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "es timate," "expect," "may," "pla ...

Super Micro gave an earnings forecast for the current period that fell short of estimates, reinforcing concerns about the server maker’s ability to profit from demand for AI equipment https://t.co/CmaGzjRGaH ...

Core Viewpoint - Super Micro Computer, Inc. (SMCI) reported disappointing first-quarter 2026 earnings, missing both revenue and earnings estimates, leading to a decline in stock price [1][2]. Financial Performance - Quarterly earnings were reported at 35 cents per share, below the analyst consensus estimate of 40 cents [2]. - Revenue for the quarter was $5.01 billion, missing the analyst consensus estimate of $5.99 billion and down from $5.93 billion in the same period last year [2][5]. - Gross margin decreased to 9.3% from 13.1% in the first quarter of 2025 [5]. Future Outlook - For the second quarter, Super Micro expects adjusted EPS in the range of 46 cents to 54 cents, lower than the analyst estimate of 61 cents [3]. - Revenue guidance for the second quarter is projected between $10 billion and $11 billion, significantly higher than the $7.82 billion estimate [3]. Stock Performance - Following the earnings report, SMCI stock fell by 6.32%, trading at $44.50 in extended trading [3].

Core Insights - Super Micro Computer forecasts second-quarter revenue above Wall Street estimates, indicating strong demand for its servers designed for artificial intelligence workloads [1] Company Summary - The company is experiencing robust demand for its AI-tailored servers, which is reflected in its revenue forecast exceeding market expectations [1]

Group 1 - Super Micro Computer, Inc. is set to release its first-quarter earnings results on November 4, with expected earnings of 39 cents per share, a decrease from 74 cents per share in the same period last year [1] - The consensus estimate for Super Micro Computer's quarterly revenue is $5.8 billion, down from $5.94 billion a year earlier [1] - On October 29, Super Micro Computer announced the formation of a federal subsidiary, Super Micro Federal LLC, aimed at accelerating its expansion into the federal market [2] Group 2 - Super Micro Computer shares experienced a decline of 2.3%, closing at $50.75 on the preceding Monday [2] - Goldman Sachs analyst Michael Ng maintained a Sell rating with a price target increase from $27 to $30 [5] - JP Morgan analyst Samik Chatterjee maintained a Neutral rating and reduced the price target from $45 to $43 [5] - Rosenblatt analyst Kevin Cassidy maintained a Buy rating and raised the price target from $50 to $60 [5] - Bernstein analyst Mark Newman initiated coverage with a Market Perform rating and a price target of $46 [5] - Barclays analyst Tim Long maintained an Equal-Weight rating and increased the price target from $29 to $45 [5]

Core Insights - Logitech International S.A. (LOGI) is highlighted as a stock with a buy rank and strong momentum characteristics for investors [1] - The Zacks Consensus Estimate for Logitech's current year earnings has increased by 2.4% over the last 60 days [1] - Logitech's shares have gained 29.1% over the last three months, significantly outperforming the S&P 500, which advanced by 8.7% during the same period [1] - The company has a Momentum Score of A, indicating strong performance in this area [1]

Core Insights - Toshiba has launched the S300 AI, a new generation of surveillance hard disk drives (HDDs) designed specifically for AI-driven video applications, offering higher capacities, enhanced performance, and enterprise-grade durability [1][4]. Product Features - The S300 AI is available in capacities ranging from 8TB to 24TB, supporting large-scale, continuous recording for AI video analytics and centralized surveillance data storage [3][8]. - It is optimized for handling random access introduced by AI workloads, ensuring rapid video data retrieval for real-time analytics [5]. - The HDD supports up to 64 high-resolution camera streams and an additional 32 AI streams, making it scalable for evolving surveillance needs across various sectors [6]. Performance and Reliability - The S300 AI has an annual workload rating of 550TB and a mean time to failure (MTTF) of up to 2.5 million hours, designed for 24/7 operation in mission-critical environments [7]. - Toshiba provides a 5-year limited warranty for the S300 AI, emphasizing its durability for demanding surveillance applications [7]. Market Context - The surveillance market is rapidly evolving, with AI analytics creating new demands for storage performance, capacity, and reliability, prompting Toshiba to tailor its HDD offerings accordingly [4].

Core Insights - Advantech collaborates with Qualcomm Technologies and Edge Impulse to enhance edge AI applications using the Qualcomm Dragonwing IQ-9075 processor [1][2] - The Dragonwing IQ-9075 processor delivers up to 100 TOPS of AI performance, supporting Advantech's new products, AIR-055 and AFE-A503, designed for industrial applications [1][3] - The collaboration aims to drive AI innovation and improve performance, scalability, and efficiency across various industries [2] Advantech's New Products - The AIR-055 edge AI system features the Dragonwing IQ-9075 processor, offering connectivity options and supporting 4K resolution, making it suitable for smart manufacturing and robotics [2][3] - The AFE-A503 robotic controller is designed for outdoor autonomous mobile robots (AMRs) and includes multiple connectivity options and a power design for all-day operation [3] Event Participation - Advantech will showcase its new Edge AI solutions at Embedded World North America from November 4–6, 2025 [4]

Market Overview - US stock futures experienced a sharp pullback, with S&P 500 futures down 1.3% and Nasdaq 100 futures down 1.6% as doubts about the AI-driven rally emerged [1] - Wall Street is seeing deepening losses, with skepticism about stock valuations despite strong earnings reports [2] Earnings Reports - Palantir's shares dropped over 5% despite beating third-quarter earnings expectations, as analysts suggested the company's valuation is overinflated [2][10] - The upcoming earnings season is expected to feature over 100 reports, with notable companies like AMD, Uber, Spotify, and SuperMicro reporting on Tuesday [3] Valuation Concerns - Wall Street CEOs have warned of a potential equity market drop of more than 10% in the next 12 to 24 months, indicating that such a correction could be beneficial [5] - Corporate earnings are strong, but concerns about valuations persist, with investment manager Capital Group's CEO stating that most view stocks as between fair and fully valued [6][7] Specific Company Movements - Denny's stock surged nearly 50% in premarket trading after announcing an agreement to be taken private by a group of investors [4]

Core Insights - D&H Canada has entered into a new partnership with Dell, becoming an authorized distributor of Dell's endpoint solutions and PowerEdge servers, reflecting significant growth and partner demand for Dell's offerings [1][2][3] Company Overview - D&H Canada provides technology solutions to various markets, including corporate, SMB, mid-market, enterprise, and government, focusing on endpoints and advanced technologies [5] - The company emphasizes a "Built for Growth" mindset, offering customized services and comprehensive enablement resources to help partners capitalize on market opportunities [5] Partnership Details - The partnership with Dell allows D&H Canada to offer a range of professional-grade products, including Pro and Pro Max laptops, Chrome laptops, and PowerEdge servers, aimed at enhancing performance and productivity for end-users [2][3] - D&H Canada plans to launch a formal storage practice with Dell in the near future, further expanding its service offerings [3] Market Impact - The collaboration is expected to enhance opportunities for D&H Canada's partners, providing them with access to Dell's innovative solutions and professional services, which are designed to support business transformation [2][4] - D&H Canada's growth in market share across Canada is highlighted as a key factor in the partnership, indicating a strong position in the VAR and MSP categories [3]