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Super Micro Computer (SMCI) Stock Jumps 13% as Revenue Outlook Tops Estimates by Billions

By Trader Edge at 2026-10-24 10:27

Sentiment: Positive

TLDR Super Micro (SMCI) stock rose about 13% in premarket and late trading after it closed at $32.47 on Tuesday. The company raised its fiscal Q1 revenue outlook to $18.5 billion to $19.5 billion from $14.5 billion to $15.5 billion. Gross margin guidance moved up to 12.0% to 12.5%, from 10.4% to 10.8%. Dell and [...] The post Super Micro Computer (SMCI) Stock Jumps 13% as Revenue Outlook Tops Estimates by Billions appeared first on CoinCentral. Continue reading...

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