US Stock Market Move | Fiscal year 2026 revenue target of $40 billion far exceeds expectations. Super Micro Computer, Inc. (SMCI.US) surged over 11% in pre-market trading.
On Wednesday, Super Micro Computer Inc. (SMCI.US) surged over 11% in pre-market trading, reaching $43.05.
On Wednesday, Super Micro Computer, Inc. (SMCI.US) surged more than 11% in pre-market trading, reaching $43.05. On the news front, the company announced its preliminary performance for the second quarter of fiscal year 2025, with sales expected to be between $5.6 billion and $5.7 billion, lower than analysts' expectations of $5.77 billion; adjusted earnings per share are expected to be between $0.58 and $0.60, slightly lower than analysts' expectations of $0.61. At the same time, Super Micro Computer, Inc. CEO Charles Liang announced a long-term goal, expecting revenue to reach $40 billion in fiscal year 2026, far exceeding analysts' expectations of $29.18 billion.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
