Super Micro Projects Fiscal Q1 2027 Revenue of $18.5B-$19.5B
Super Micro issued a preliminary business update projecting first-quarter fiscal 2027 revenue of $18.5 billion to $19.5 billion. Its shares rose 11.1% in premarket trading.
What happened? Shares of server solutions provider Super Micro NASDAQ:SMCI jumped 11.1% in the pre-market session after the company issued a preliminary business update projecting first-quarter fiscal 2027 revenue between $18.5 billion and $19.5 billion.In a press release, the company raised its sa…