Server company Super Micro Computer on Tuesday announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on Oct. 1.
Shares of Super Micro, which joined the S&P 500 in March, surged 246% in 2023 and are up 117% year-to-date.
Super Micro shares slid as much as 7% in extended trading.
Super Micro said it expects first-quarter revenues between $6 billion and $7 billion, beating Wall Street's estimate of $5.46 billion.
It expects EPS of $5.59 to $8.27, or a $7.48 midpoint, compared to the consensus estimates of $7.58.
Persons:
Wall
Organizations:
Computer, Dell, Hewlett Packard Enterprise, Nvidia, Super Micro