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Super Micro shares jump 8.86% as margins recover and guidance lifts outlook

Investor's Business Daily +1 ·

SMCI
SMCI Super Micro Computer Inc
$31.68 +0.70%
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  1. 1Super Micro Computer (SMCI) shares rose 8.86% after the company reported its fiscal fourth-quarter results.
  2. 2Gross margin reached 17.5%, non-GAAP EPS came in at $1.70, and first-quarter revenue guidance was set at $14.5 billion to $15.5 billion.
  3. 3The guidance led the rally, while the results remain preliminary and unaudited as an export-control-related review is underway.

This 3-line summary is compiled from the report below.

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