Supermicro stock soars after surpassing financial forecasts

記者 TVBS News Staff 報導

2024/01/30 17:46
Supermicro stock soars after surpassing financial forecasts (AP)

TAIPEI (TVBS News) — Supermicro, the U.S.-based server and computer manufacturer, saw its stock prices surge by more than 10% during Monday's (Jan. 29) after-hours trading — a rise came after its financials from the October-December 2023 period and the current quarter's forecast both exceeded market expectations.

Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. Its current quarter sales estimate was US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01.

 


The company's net sales have spiked more than twofold from the US$1.8 billion reported in the same period a year ago to $3.66 billion, beating the market estimate of US$3.42 billion.

"We continue to win new partners," Supermicro CEO Charles Liang explained the company's success in a press release, stating, "Our existing end customers continue to need more of Supermicro's optimized AI computer platforms and rack-scale comprehensive IT solutions."

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更新時間:2024/01/30 17:46

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