Business
SMCI Stock: Supermicro Surprises With Big Earnings Beat
Problem-plagued data center hardware firm Super Micro Computer (SMCI) late Tuesday trounced Wall Street’s earnings target for its fiscal fourth quarter, though its revenue was below estimates. It also guided well above views for the current quarter. SMCI stock jumped in extended trading. The San Jose, Calif.-based company, better known as Supermicro, earned an adjusted $1.70 a share on sales…
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