US Stock Market Move | Q1 financial report is coming, Super Micro Computer, Inc. (SMCI.US) rises over 7%

On Monday, Super Micro Computer, Inc. (SMCI.US) rose over 7% to $39.10. On the news front, the company is scheduled to announce its financial results for the first quarter of fiscal year 2025 after the market closes on February 11th. Analysts expect non-GAAP earnings per share (EPS) to be $0.75, more than double the $0.34 from the same period last year. Revenue is expected to be around $6.126 billion, nearly triple the $2.12 billion from the first quarter of 2023.