We recently published 10 Stocks Taking the Worst Hit. Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the worst-performing stocks on Wednesday.
Super Micro Computer dropped its share prices by 18.29 percent on Wednesday to end at $46.79 apiece as investors sold off positions following a dismal earnings performance and a lower growth outlook due to the impact of President Donald Trump’s import tariffs.
In its earnings release, Super Micro Computer, Inc. (NASDAQ:SMCI) said net income in the fourth quarter of fiscal year 2025 dropped by 34 percent to $195 million from $297 million reported in the same period last year. Net sales, on the other hand, grew 7.66 percent to $5.76 billion from $5.35 billion year-on-year.
Net income for the full year ending June 2025 similarly declined by 9 percent to $1.05 billion from $1.15 billion year-on-year, while net sales increased by 46 percent to $21.97 billion from $14.99 billion.
In an investor call, Super Micro Computer, Inc. (NASDAQ:SMCI) CEO Charles Liang said that the company has already taken measures to reduce the impact of tariffs.
Meanwhile, CFO David Weigand said that Super Micro Computer, Inc. (NASDAQ:SMCI) is closely monitoring the tariff situation, especially with more updates expected next week.
“If we have any updates, we’ll share it with you, but we can only watch and react as every other business is,” he noted.
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