Shares of Super Micro Computer (SMCI) fell sharply after the company's fiscal fourth-quarter results disappointed investors, missing on both profit and revenue expectations. Revenue came in at $5.31 billion, slightly below the estimated $5.32 billion. Additionally, adjusted earnings per share (EPS) were $6.25, falling short of the $8.25 analysts had expected.

Despite the disappointing results, the company announced a 10-for-1 stock split set to take effect in October.

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This post was written by Angel Smith and updated by Nicholas Jacobino