Super Micro Misses Earnings, Skyworks Beats Expectations

Super Micro's Earnings Miss

• 📉 Super Micro shares dropped significantly due to an earnings per share (EPS) miss.
• 🎯 They reported $41 cents adjusted EPS, a three-cent miss against street expectations.
• ⚠️ Analysts attribute the miss to increased competition, with Dell and HPE reportedly stealing market share.
• 📊 The Q1 revenue guide was between $6 and $7 billion, but the Q1 EPS guide was well below estimates, contributing to the stock's decline.

Skyworks' Earnings Beat

• 📈 Skyworks, a maker of analog radio frequency chips and a key supplier to Apple, saw its shares move higher.
• ✅ They beat EPS expectations with $1.33 adjusted EPS on $965 million in revenue.
• 💰 Skyworks also announced a 1% increase to their dividend.
• 🚀 For Q4, they reported revenue between $1 billion and $1.03 billion, significantly higher than the anticipated $887 million, with an EPS guide also exceeding expectations.

Diverging Market Performance

• ⚖️ The earnings reports highlight two diverging stories in the chip sector, with guidance playing a crucial role in investor sentiment.
• 🌟 Skyworks is currently outperforming, with shares up 8% following their positive results.