SMCI stock soaring on revenue guidance despite Q4 miss

Category: Finance

Super Micro Computer (SMCI) missed its fiscal Q4 2024 earnings estimates, reporting $5.31 billion in revenue and $6.25 per share in adjusted earnings, both below expectations. Despite this, SMCI shares surged in after-hours trading following positive guidance for Q1 2025 and full-year 2025.

Keywords: Super Micro Computer, earnings report, stock market

Source: Yahoo Finance

Update At: 8/7/2024

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