SMCI surging 10% higher after hours after another big earnings beat and raised guidance. Congrats to those who still own this stock !
briefing -
Super Micro Computer beats by $0.54, beats on revs; guides Q3 EPS above consensus, revs above consensus; raises FY24 revs guidance above consensus (495.67 +21.52)
Reports Q2 (Dec) earnings of $5.59 per share, $0.54 better than the FactSet Consensus of $5.05; revenues rose 103.0% year/year to $3.66 bln vs the $2.8 bln FactSet Consensus.
Co issues upside guidance for Q3, sees EPS of $5.20-$6.01 vs. $4.61 FactSet Consensus; sees Q3 revs of $3.70-$4.1 bln vs. $2.91 bln FactSet Consensus.
Co raises guidance for FY24, sees FY24 revs of $14.3-$14.7 bln vs. $11.34 bln FactSet Consensus, up from prior guidance of $10-$11 bln.
