Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 312.76

+1.1%

Dec 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Return to Sender

y2kate

From: Julius Wong	1/18/2024 8:27:26 PM
	2 Recommendations Read Replies (1) of 95536

Super Micro Computer bumps up quarterly guidance, stock jumps after hours Jan. 18, 2024 4:32 PM ET By: Anuron Mitra, SA News Edito r 37 Comments halbergman/E+ via Getty Images Shares of Super Micro Computer (NASDAQ: SMCI) on Thursday jumped as much as ~7% in extended trading after the maker of information technology hardware bumped up its FQ2 2024 sales and profit guidance. SMCI stock was last up 6.0% to $330 after hours. The company now expects FQ2 net sales of $3.6B to $3.65B versus an earlier forecast of $2.7B to $2.9B. Adjusted earnings per share is now anticipated to be $5.40 to $5.55, compared to a prior guidance of $4.40 to $4.88. The new guidance was also significantly above the consensus FQ2 revenue estimate of $2.84B and profit per share estimate of $4.55. San Jose, Calif.-based Super Micro ( SMCI) makes products such as rackmount servers and graphics processing unit (GPU) servers, motherboards and chassis, and ethernet switches and adapters. The company in a statement said it was increasing its guidance as it saw a strong market and end customer demand for its rack-scale, AI and total IT solutions.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next