from24/7 Wall St.
11 hours agoSuper Micro Computer Rallies After Raising Full-Year Revenue Guidance to $40 Billion From $33 Billion
These orders, which pushed expected first-quarter revenue into the second quarter, finally showed up in the results. Adjusted earnings per share came in at $0.69, beating estimates of $0.49 by a wide margin. More importantly, management raised its full-year fiscal 2026 revenue target to at least $40 billion, up from the prior $33 billion target. Third-quarter guidance calls for revenue of at least $12.3 billion, also above consensus.
Business