Super Micro Stock Jumps As AI Server Maker’s Profit Outlook Clears A Margin Test
Super Micro Computer forecast fiscal fourth-quarter revenue and adjusted profit above Wall Street estimates, sending shares up about 17% after hours. Gross margin rose to 9.9% from 6.3% last quarter, but third-quarter revenue of $10.24 billion missed analyst expectations. The company cited ongoing export-control and margin risks.