Super Micro shares surge 16% after preliminary Q1 sales beat estimates
Super Micro Computer said preliminary revenue for the quarter ending Sept. 30 is projected at $18.5 billion to $19.5 billion, far above analyst expectations.
Super Micro Computer Inc.(SMCI) share price soared 16% after-hours on Tuesday following the release of preliminary financial figures for the quarter ending Sept. 30, which significantly beat analyst expectations.The server maker projects revenue between $18.5 billion and $19.5 billion, far exceedin…