Super Micro (SMCI) stock surges 19% on a boldguidance beat

Super Micro Computer shares surged 19% in extended trading on Tuesday after the artificial intelligence server maker delivered better-than-expected earnings and issued guidance for the coming quarter that cleared Wall Street’s forecasts by a meaningful margin. The move came despite a revenue miss for the fiscal third quarter that fell well short of analyst estimates, […] The post Super Micro (SMCI) stock surges 19% on a boldguidance beat appeared first on Rolling Out.

Super Micro (SMCI) stock surges 19% on a boldguidance beat

Super Micro Computer shares surged 19% in extended trading on Tuesday after the artificial intelligence server maker delivered better-than-expected earnings and issued guidance for the coming quarter that cleared Wall Street’s forecasts by a meaningful margin. The move came despite a revenue miss for the fiscal third quarter that fell well short of analyst estimates, […]

The post Super Micro (SMCI) stock surges 19% on a boldguidance beat appeared first on Rolling Out.