Super Micro Shares Surge 9% on Guidance Beat

1. 1Super Micro Computer (SMCI) shares jumped 9% after the company reported fourth-quarter results and issued aggressive guidance
2. 2Adjusted fourth-quarter EPS of $1.70 beat expectations, while the midpoint of first-quarter revenue guidance of $15 billion significantly exceeded the consensus estimate of $11.99 billion
3. 3The results reversed investor concerns that had built up after a preliminary update on July 21 signaled softness in fourth-quarter revenue

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